The OverRuled: China Trade Controls Resource Center has been updated with the following actions:
- 30 Jul 2024 (OFAC):
OFAC sanctioned five individuals and seven entities based in the PRC, Hong Kong, and Iran, pursuant to EO 13382, for facilitating procurements on behalf of subordinates of Iran's Ministry of Defense and Armed Forces Logistics ("MODAFL"). The targets procure key components for Iran's ballistic missile and unmanned aerial vehicle ("UAV") program, including accelerometers and gyroscopes, which enable Iran's proliferation of weapons systems to its proxies in the Middle East and to Russia.
MODAFL was designated pursuant to EO 13382 on October 25, 2007, in connection with Iran's ballistic missile program.
Please send an email to subscriptions@overruled.com if you would like information on how to subscribe to access additional detail about these and other sanctions- and export controls-related actions. If you are already a paid subscriber, please login to OverRuled for access to exclusive content, analysis, and historic search functionality.