US Treasury Starts Implementing CAATSA

IRGC Commander Major General Mohammad Ali Jafari speaks with journalists after he addressed a conference in Tehran, Iran, Tuesday, Oct. 31, 2017. AP
IRGC Commander Major General Mohammad Ali Jafari speaks with journalists after he addressed a conference in Tehran, Iran, Tuesday, Oct. 31, 2017. AP
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US Treasury Starts Implementing CAATSA

IRGC Commander Major General Mohammad Ali Jafari speaks with journalists after he addressed a conference in Tehran, Iran, Tuesday, Oct. 31, 2017. AP
IRGC Commander Major General Mohammad Ali Jafari speaks with journalists after he addressed a conference in Tehran, Iran, Tuesday, Oct. 31, 2017. AP

The US Treasury Department announced Tuesday the expansion of sanctions on individuals and entities linked to Iran’s Islamic Revolution Guards Corps (IRGC), under the pretext of the implementation of the US Countering America’s Adversaries Through Sanctions Act (CAATSA).

CAATSA is a United States federal law that imposed sanctions on Iran, North Korea and Russia. The bill was passed in the Senate on August 2, 2017, and was signed by President Trump.

The law requires the US government to implement sanctions on Iran within 90 days after the bill is passed. In the list released by the US Department of Treasury, 41 individuals and companies were included.

The new sanctions apply to the IRGC Air Force, the Al-Ghadir Missile Command, the Aerospace Force Self Sufficiency Jihad Organization and the Research and Self-Sufficiency Jihad Organization, as well as IRGC commander Mohammad Ali Jafari, Head of Revolutionary Guards Intelligence Hussein Taib, top military adviser to Ali Khamenei Yahya Rahim Safavi and former chief of staff Mohammad Reza Naqdi.

Properties of these individuals and companies in the USA are blocked, US citizens are not allowed to have any kind of deal with them and they don’t have the permission to enter the USA, according to CAASTA law.
IRGC Commander Major General Mohammad Ali Jafari hinted again that his country would target US forces in the region and increase the range of its ballistic missiles to more than 2,000 Kilometers if Washington starts implementing CAATSA.

Meanwhile, following a closed meeting with Parliament Speaker Ali Larijani and Judiciary Chief Sadeq Larijani, President Hassan Rouhani announced Iranian scenarios to face these sanctions.

Addressing a conference entitled “A World Free of Terror” in Tehran on Tuesday, Major General Jafari said, “The Americans are trying to implement the plan against the IRGC under the pretext of Iran’s missile power.”
However, this plan is targeting the Iranian economy in nature, he said, adding that the IRGC and missile capabilities of the Islamic republic are only pretexts for the US sanctions.

Iran has no need to extend the current 2,000 km range of its ballistic missiles as they can already strike enemy targets in case of aggression, the head of the Revolutionary Guard has said.

Jafari told reporters that the missile range can cover "most of American interest and forces" within the region, even as he underlined the program's defensive purpose.

Jafari said the ballistic missile range is based on the limits set by the country's Supreme Leader Ali Khamenei, but he warned Iran's enemies of the "high costs" of provoking his country.



Saudi Arabia’s GAMI Concludes Participation in Farnborough Int’l Airshow 2024

GAMI participated in various international meetings and partnerships aimed at enhancing cooperation in the military and defense field and exchanging expertise. (SPA)
GAMI participated in various international meetings and partnerships aimed at enhancing cooperation in the military and defense field and exchanging expertise. (SPA)
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Saudi Arabia’s GAMI Concludes Participation in Farnborough Int’l Airshow 2024

GAMI participated in various international meetings and partnerships aimed at enhancing cooperation in the military and defense field and exchanging expertise. (SPA)
GAMI participated in various international meetings and partnerships aimed at enhancing cooperation in the military and defense field and exchanging expertise. (SPA)

Saudi Arabia’s General Authority for Military Industries (GAMI) concluded its participation in Farnborough International Airshow, held recently in London, UK, reported the Saudi Press Agency on Saturday.

GAMI's goal through this engagement was to enable national and major international companies in the defense industry in achieving national targets in the process of localizing the sector, with more than 50% of government spending on military equipment and services by 2030, by creating an investment environment that encourages, supports, and welcomes investors from across the globe.

During the airshow, GAMI Governor Eng. Ahmad Abdulaziz Al-Ohali presided over the signing of agreements between Saudi Arabian Military Industries (SAMI), Airbus Helicopters, and Lockheed Martin. The agreements aim to boost local capabilities and support GAMI's efforts to develop the aviation and aerospace sector in the region.

One agreement entails SAMI Alsalam Aerospace Industries becoming part of a select group of 14 nations that have approved service centers for the maintenance, repair, and overhaul of Lockheed Martin's C-130 Hercules aircraft, based on the most stringent international quality criteria. The agreement also covers services for systems and structural modifications.

As per the terms of the agreement, Sami Alsalam Aerospace Industries offers assistance to operators of these aircraft both regionally and globally.

As per the other agreement, SAMI commits to localize helicopter maintenance, repair and overhaul in partnership with Airbus Helicopters, to enhance Saudi Arabia’s capabilities in helicopter repair services.

During the show, GAMI participated in various international meetings and partnerships aimed at enhancing cooperation in the military and defense field and exchanging expertise. GAMI also showcased the supply chains it has established to bolster promising investment opportunities for local and foreign SMEs, highlighting the local capabilities in the Kingdom's military industries sector that fulfill the operational requirements of military forces.

GAMI also highlighted its primary responsibilities, domestic priorities, localization and empowerment initiatives, and appealing investment incentives in the military sector. It emphasized the capabilities of the Saudi military and defense industries, along with the significant accomplishments in developing industrial and service capabilities in the Kingdom, in line with its strategic objective to ensure that over 50% of government spending on military equipment and services is directed towards domestic suppliers by 2030.

GAMI’S participation in international exhibitions focusing on defense and security reflects one of the goals for which it was established, which is to review the capabilities of the military industries sector in the Kingdom and boost its essential role in building a vibrant and prosperous economy by creating and developing an encouraging investment environment for military industries.

Through its unified platform for military industries on its website, GAMI offers services for military licensing, human capital development, military standards and specifications, localization, and military industries. It offers its services to individuals, local companies, government entities, and educational institutions.