The Biden administration unveiled new economic sanctions on Tuesday targeting companies and individuals in China and Iran for facilitating procurements for Tehran’s ballistic missile program.
The US Treasury Department designated six entities and seven individuals in Iran, Hong Kong and the People’s Republic of China in the latest attempt at deploying economic weapons to clamp down on Tehran’s conventional arms program.
Among them was Iran’s defense attache in Beijing, Davoud Damghani, who “coordinated defense-related procurements from the [People’s Republic of China] for Iranian end-users,” the Treasury said in a statement on Tuesday.
Among the other designees were Hangzhou-based Zhejiang Qingji Industries Co., Ltd., which the United States accused of having sold hundreds of thousands of dollars worth of centrifuges to Iran’s Parchin Chemical Industries (PCI) via intermediaries, including Iranian firm P.B. Sadr, which was previously hit with US sanctions last year.