The United States on 10 May 2013 slapped sanctions against four Iranian Nuclear Supply Companies and an individual for their attempt to procure goods for Iranian Nuclear Programme.
The four Iranian companies are Aluminat, Pars Amayesh Sanaat Kish, Pishro Systems Research Company and Taghtiran Kashan Company and the Iranian Citizen is Parviz Khaki. Parviz is alleged for procurement and attempt to procure goods for Iran’s nuclear programme, which can be used for construction, operation and maintenance of gas centrifuges to enrich Uranium.
The foreign financial institutions facilitating significant transactions to or from the sanction entities and individual are exposed to potential loss of access to US Financial Sector, following the rules of the US State Department.
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