Chengdu Best New Materials Co and Zibo Elim Trade Company were sanctioned. The Treasury Department plans to announce additional sanctions on Iran in coming weeks related to arms, weapons of mass destruction and human rights violations, Elliott Abrams, the State Department’s special representative for Iran, said Wednesday at a Beirut Institute event. The newly sanctioned comapnies are China-based Chengdu Best New Materials and Zibo Elim Trade Company as well as Russia-based Nilco Group, Elecon and Aviazapchast, according to a State Department filing in the Federal Register. Earlier this month, United Nations inspectors confirmed Iran added to its stockpile of enriched nuclear material, a breach of the 2015 deal prompted by the U.S. exit. The Iranian government denies it ever pursued nuclear weapons research.

Source: The Standard November 26, 2020 02:37 UTC