US Imposes Sanctions on Key Actors in Iran’s Ballistic Missile Program

The Iranian flag flutters in front the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria July 10, 2019. (Reuters)
The Iranian flag flutters in front the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria July 10, 2019. (Reuters)
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US Imposes Sanctions on Key Actors in Iran’s Ballistic Missile Program

The Iranian flag flutters in front the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria July 10, 2019. (Reuters)
The Iranian flag flutters in front the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria July 10, 2019. (Reuters)

The United States on Wednesday imposed sanctions on an Iran-based man and his network of companies it accused of helping Tehran obtain materials for its ballistic missile program, acting after missile attacks by suspected Iranian-backed proxies on countries in the region.

In a statement issued as talks on reviving the 2015 Iran nuclear deal have stalled, the US Treasury Department said it acted after Iran's missile attack on Erbil in Iraq and an "Iranian enabled" Houthi missile attack against a Saudi Aramco facility this month, as well as other missile attacks by Iranian proxies against Saudi Arabia and the United Arab Emirates.

The Treasury said it slapped sanctions on Iranian procurement agent Mohammad Ali Hosseini and a network of companies it accused him of using to procure ballistic missile propellant and related materials in support of Iran's missile program.

The Treasury accused him of procuring materials for the Iranian Revolutionary Guard Corps (IRGC) unit responsible for research and development of ballistic missiles. Iran's IRGC is subject to US sanctions.

A US official, who spoke on condition of anonymity, said the sanctions were not related to efforts to revive the nuclear deal under which Iran had limited its nuclear program to make it harder to develop a nuclear bomb -- an ambition it denies -- in return for relief from global economic sanctions.

"While the United States continues to seek Iran´s return to full compliance with the Joint Comprehensive Plan of Action, we will not hesitate to target those who support Iran's ballistic missile program," the Treasury's Under Secretary for Terrorism and Financial Intelligence Brian Nelson said in the statement.

Wednesday's move freezes any US assets of those hit with sanctions and generally bars Americans from dealing with them. Those that engage in certain transactions with them also risk being hit with sanctions, the Treasury said.

The companies hit with sanctions in Wednesday's action include Iran-based Jestar Sanat Delijan and Sina Composite Delijan Co. Also sanctioned was P.B. Sadr Co, which the Treasury accused of acting on behalf of Parchin Chemical Industries, an element of Iran's Defense Industries Organization also under US sanctions.

Iran conducted a March 13 attack on Erbil, the capital of Iraq's northern Kurdish region, a rare publicly declared assault by the IRGC, and a missile attack by Yemen's Iran-backed Houthi militias hit a Saudi Aramco facility on March 25.

A nascent plan for Iraq's Kurdistan region to supply gas to Turkey and Europe -- with Israeli help -- is part of what angered Iran into striking Erbil with ballistic missiles this month, Iraqi and Turkish officials say.

Last week, the Saudi-led Arab coalition said oil giant Aramco's petroleum products distribution station in Jeddah was hit, causing a fire in two storage tanks but no casualties.

The indirect US-Iran nuclear talks were close to an agreement in early March before last-minute Russian demands for sweeping guarantees that would have hollowed out sanctions imposed following its invasion of Ukraine derailed the talks.

Russia has since appeared to have narrowed its demands to cover only work linked to the nuclear deal, leaving a small number of issues to be resolved between Washington and Tehran, diplomats say.



Protesters Force 4 Bangladesh Cenbank Deputies to Resign

Commuters wait at a traffic light in Dhaka on August 7, 2024, after former prime minister Sheikh Hasina fled the country. (Photo by MUNIR UZ ZAMAN / AFP)
Commuters wait at a traffic light in Dhaka on August 7, 2024, after former prime minister Sheikh Hasina fled the country. (Photo by MUNIR UZ ZAMAN / AFP)
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Protesters Force 4 Bangladesh Cenbank Deputies to Resign

Commuters wait at a traffic light in Dhaka on August 7, 2024, after former prime minister Sheikh Hasina fled the country. (Photo by MUNIR UZ ZAMAN / AFP)
Commuters wait at a traffic light in Dhaka on August 7, 2024, after former prime minister Sheikh Hasina fled the country. (Photo by MUNIR UZ ZAMAN / AFP)

Four deputy governors of Bangladesh's central bank were forced to resign on Wednesday after about 300-400 officials protested against what they said was corruption by top officials, two sources at the bank told Reuters.
Protesters also demanded the resignation of Bangladesh Bank governor Abdur Rouf Talukder, who was not present during the demonstrations at the bank's headquarters in capital Dhaka, said the sources, who did not want to be named.
Talukder and the bank's spokesperson did not answer calls made to seek comment.
The protests at the central bank came two days after Sheikh Hasina resigned as Bangladesh's prime minister and fled the country following weeks of deadly protests that began as demonstrations by students against government job quotas but escalated into a movement demanding her resignation.
Deputy Governor Nurun Nahar will continue handling operational work at the bank for now but will have to leave when new deputy governors are appointed, said one of the sources.
"Although many officials, including myself, continue to work, we support the protests," said another central bank official who did not join the protests and did not want to be named.
Two of Talukder's deputies were also not in office on Wednesday but agreed to resign after protesters spoke to them by phone, the sources said.
The chief of the financial intelligence department and the policy adviser to the central bank also resigned, the sources said, adding that Bangladesh army personnel ensured the safety of the officials and helped them leave the bank.
Bangladesh Bank announced its monetary policy for the first half of fiscal year 2024-25 last month and the next policy for the second half is due in January.