On Friday, the USA sanctioned 30 people and entities for transferring sensitive technology to Iran for its missile program or for violating export controls on Iran, North Korea and Syria. State Department press release here. The following restrictions apply to them:
- No department or agency of the U.S. Government may procure or contract for any goods, services, or technology from the designated entities, except to the extent the Secretary of State otherwise may determine;
- The designated entities are ineligible for any assistance program of the U.S. Government, except to the extent the Secretary of State otherwise may determine;
- S. Government sales of any item on the U.S. Munitions List to these entities are prohibited, and sales of any defense articles, defense services, or design and construction services controlled under the Arms Export Control Act are terminated; and
- New licenses will be denied, and any existing licenses suspended, for transfers of export- controlled items.
Iran has in return sanctioned 15 US companies for supporting Israel by providing arms and equipment “for use against the Palestinians”. The sanctions bar them from entering into dealings with Iranian firms, and bar current and former directors of the companies from being issued visas to Iran. None are known to have been doing business in Iran.