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Chinese, Iranians who sold missile tech to Syria hit with US sanctions

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DEBKAfile was founded by a team of journalists in June 2000 as an independent Internet Web site, providing an intelligence and security news service. May 18, 2017, 1:33 PM (IDT)

The US Treasury Department on Wednesday imposed sanctions on a group of Iranian and Chinese entities and nationals, including two senior Iranian defense officials, who sold missile technology to the Syrian regime.
In Washington, Treasury Secretary Steve Mnuchin said “These sanctions target Iranian officials as well as a China-based network that are providing support to Syria and supplying items to further Iran’s ballistic weapons program. The United States will remain vigilant when it comes to Iran.”
The department took the step against a Chinese businessman, Ruan Runling, three Chinese companies owned by him, Iranian company Matin Sanat Nik Andishan and the two Iranian officials, Rahim Ahmadi and Morteza Farasatpour. The punitive measure froze their assets and made it illegal for US citizens, banks or companies to engage in business with any of them.
Runling’s companies are said to have provided Syria with missile guidance technology. Ahmadi is in charge of the missile system’s development, while Farasatpour coordinated the sale of Iranian missiles to the Syrian regime.
“This administration is committed to countering Iran’s destabilizing behavior, such as Iran’s development of ballistic missiles and support to the Assad regime. It is alarming that individuals involved with Iran’s missile program are assisting the brutal Assad regime, and we are taking action to curtail this behavior,” Treasury Secretary Mnuchin said.

Our unique angle on these subjects – and strong intelligence dimension – has earned DEBKAfile a global reputation and a steady readership – which skyrockets in times of crisis.


Source: http://www.debka.com/newsupdate/20604/Chinese-Iranians-who-sold-missile-tech-to-Syria-hit-with-US-sanctions



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