AIRLINK 194.69 Decreased By ▼ -1.69 (-0.86%)
BOP 10.33 Increased By ▲ 0.22 (2.18%)
CNERGY 7.62 Decreased By ▼ -0.13 (-1.68%)
FCCL 38.71 Increased By ▲ 0.61 (1.6%)
FFL 15.47 Decreased By ▼ -0.27 (-1.72%)
FLYNG 24.68 Increased By ▲ 0.14 (0.57%)
HUBC 129.00 Decreased By ▼ -1.38 (-1.06%)
HUMNL 13.79 Increased By ▲ 0.06 (0.44%)
KEL 4.47 Decreased By ▼ -0.13 (-2.83%)
KOSM 6.19 No Change ▼ 0.00 (0%)
MLCF 45.26 Increased By ▲ 0.41 (0.91%)
OGDC 204.25 Decreased By ▼ -2.26 (-1.09%)
PACE 6.65 Increased By ▲ 0.07 (1.06%)
PAEL 38.14 Decreased By ▼ -1.63 (-4.1%)
PIAHCLA 17.09 Decreased By ▼ -0.11 (-0.64%)
PIBTL 7.87 Decreased By ▼ -0.12 (-1.5%)
POWER 9.40 Increased By ▲ 0.20 (2.17%)
PPL 175.50 Decreased By ▼ -3.41 (-1.91%)
PRL 37.78 Decreased By ▼ -1.15 (-2.95%)
PTC 23.85 Decreased By ▼ -0.46 (-1.89%)
SEARL 106.50 Decreased By ▼ -2.77 (-2.54%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 36.98 Decreased By ▼ -0.77 (-2.04%)
SYM 18.36 Decreased By ▼ -0.47 (-2.5%)
TELE 8.36 Decreased By ▼ -0.17 (-1.99%)
TPLP 12.15 Increased By ▲ 0.01 (0.08%)
TRG 64.10 Decreased By ▼ -0.66 (-1.02%)
WAVESAPP 11.82 Decreased By ▼ -0.29 (-2.39%)
WTL 1.65 Increased By ▲ 0.01 (0.61%)
YOUW 3.89 Increased By ▲ 0.02 (0.52%)
BR100 11,916 Decreased By -83.7 (-0.7%)
BR30 35,177 Decreased By -370.8 (-1.04%)
KSE100 113,340 Decreased By -916.2 (-0.8%)
KSE30 35,532 Decreased By -338 (-0.94%)

WASHINGTON: The US Treasury placed two United Arab Emirates-based companies on its sanctions blacklist Wednesday for their support of already-sanctioned Iran's Mahan Air.

UAE-based Parthia Cargo and Delta Parts Supply FZC "have provided key parts and logistics services for Mahan Air," the Treasury said.

Mahan, one of Iran's leading carriers, has been blacklisted under US counterterrorism regulations for its close relationship with the Islamic Revolutionary Guard Corps-Qods Force, which Washington says carries out terror activities in the Middle East.

Mahan Air especially has been used by the revolutionary Guards to support the regimes of Syrian leader Bashar al-Assad and Venezuelan President Nicolas Maduro, according to the Treasury.

"The Iranian regime uses Mahan Air as a tool to spread its destabilizing agenda around the world, including to the corrupt regimes in Syria and Venezuela, as well as terrorist groups throughout the Middle East," said Treasury Secretary Steven Mnuchin in a statement.

"The United States will continue to take action against those supporting this airline."

In the same action the Treasury also placed sanctions on UAE-based Iranian national Amin Mahdavi, who the Treasury said either owns or controls Parthia Cargo.

Comments

Comments are closed.