U.S. Department of Treasury blacklists Iranian and Turkish companiesFebruary 2, 2011 - 17:23 AMT PanARMENIAN.Net - U.S. Department of the Treasury blacklisted six individuals and five business entities in Iran and Turkey for providing materials and support to Iran's ballistic missile development efforts. The sanctions target a procurement network that has facilitated more than $7 million in transactions for Aerospace Industries Organization, which oversees all of Iran's missile industries, the Treasury said in a statement. The actions ban U.S. entities from transactions with the blacklisted people or businesses and seek to freeze any assets they may have under U.S. jurisdiction. The sanctions were imposed under a 2005 White House executive order aimed at disrupting proliferators of weapons of mass destruction by denying them access to the international financial system, Reuters reported. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |