[1]

June 27, 2024

This month’s newsletter features an article analyzing recent trends in U.S.
sanctions on Iran. The United States has sought to give its sanctions more
bite by coordinating designations with allied countries and sanctioning
companies’ broader business networks. Additionally, the U.S. Treasury
Department may have a newfound appetite for targeting Iran’s industrial
capacity, although it has so far shied away from systematically clamping
down on Iranian oil exports.

The newsletter also includes profiles of companies producing components for
Iran’s Shahed-series unmanned aerial vehicles (UAVs), as well as news about
sanctioned airline Mahan Air’s smuggling of two commercial aircraft from
Lithuania, Iran’s nuclear response following its censure at the
International Atomic Energy Agency (IAEA), and the Houthis’ unveiling of
their “Palestine” ballistic missile resembling an Iranian model. Additions
to the Iran Watch library include official statements and documents from
the meeting of the IAEA Board of Governors, U.S. and allied restrictive
measures on Iran, and U.S. designations targeting the Houthis.

Was this email forwarded to you? [2]Sign up to receive the newsletter in
your inbox, or [3]view the newsletter in your browser.

PUBLICATIONS

[4]

Image credit: Wisconsin Project

Articles and Reports | [5]Three Emerging Shifts in U.S. Sanctions on Iran

Following Iran’s large-scale missile and drone attack on Israel on April
13, the United States pledged to increase economic pressure on Iran and
hold it accountable for the attack, including through new sanctions and
export controls.

The subsequent sanctions packages exemplified three emerging shifts in U.S.
sanctions on Iran: more coordination on designations with allied countries;
a greater effort to sanction companies’ broader business networks,
including their key officials; and perhaps a renewed appetite for
sanctioning Iran’s industrial capacity. While these efforts may not cause
the level of economic pain that cutting off Iran’s oil exports might, they
can nevertheless have an impact.

[6]READ THE ARTICLE

ENTITIES OF CONCERN

In December 2023, the European Union sanctioned Iranian companies producing
components for Shahed-series UAVs.

[7]Chekad Sanat Faraz Asia

Specializes in the production of goods made from composite materials;
considered by the European Union to be the same entity as [8]Shakad Sanat
Asmari.

[9]LEARN MORE

[10]Daria Fanavar Borhan Sharif

Offers aerospace engineering services and manufactures parts for
Shahed-series UAVs; considered by the European Union to be the same entity
as [11]Sadid Sazeh Parvaz Sharif.

[12]LEARN MORE

IN THE NEWS

[13]

The Houthis in Yemen recently unveiled the “Palestine” missile. (Credit:
Screen capture from Houthi media)

[14]Iran Smuggles Two Planes out of Lithuania, Bypassing Sanctions |
Lithuanian Radio and Television

June 20, 2024: Iran’s Mahan Air smuggled two Airbus A340 planes, owned by
Gambian leasing company Macka Invest, into Iran as they flew from Lithuania
to Sri Lanka and the Philippines. The aircraft operators switched off the
planes' automatic transponders after entering Iranian airspace, but
aviation data shows they landed in Tehran and Chabahar. Authorities at the
Lithuanian airport prevented a third Macka Invest airplane, which carried
spare parts, from taking off after learning that the first had diverted to
Iran.

[15]Iran Installing and Starting Cascades of Advanced Centrifuges as
Tensions High Over Nuclear Program | Associated Press

June 14, 2024: Following a formal censure by the International Atomic
Energy Agency (IAEA) Board of Governors over its nuclear program, Iran
began feeding uranium into three new cascades of advanced IR-4 and IR-6
centrifuges at the Natanz enrichment facility. It also plans to install 18
more cascades of IR-2m centrifuges at Natanz and eight cascades of IR-6
centrifuges at Fordow.

[16]Yemen’s Houthi Rebels Unveil Solid-fuel ‘Palestine’ Missile That
Resembles Iranian Hypersonic | Associated Press

June 6, 2024: Yemen’s Houthi rebels fired a new type of solid-fuel missile
called “Palestine” at Israel’s Eilat port. The Houthis claimed the weapon
was locally made, but its design elements resembled those of missiles
developed by Iran's Islamic Revolutionary Guard Corps, including the
hypersonic Fattah system.

FROM THE LIBRARY

At its quarterly meeting, the IAEA Board of Governors passed a
[17]resolution calling on Iran to improve its cooperation with the agency
to resolve outstanding nuclear safeguards issues.
* Ahead of the meeting, the IAEA director-general issued two reports on
Iran’s implementation of [18]nuclear-related commitments under the Joint
Comprehensive Plan of Action and [19]safeguards commitments under the
Non-Proliferation Treaty – May 27.
* During the meeting, France, Germany, and the United Kingdom [20]noted
that several safeguards issues had gone unresolved for five years and put
forward the resolution censuring Iran – June 5.
* China, Iran, Russia, and several other countries issued [21]a joint
statement calling the resolution “unconstructive and confrontational” and
urging the board not to adopt it – June 5.
* China, Iran, and Russia also issued a [22]joint statement blaming the
United States and European countries for the failure to revive the JCPOA
– June 6.

The United States and its allies announced new restrictive measures
targeting Iran’s military programs.
* Following its summit in Italy, the Group of Seven [23]threatened new
sanctions on Iran in response to its destabilizing activities in the Middle
East – June 14.
* Canada [24]announced its decision to list the IRGC as a terrorist group
– June 19.
* The U.S. Treasury Department [25]designated nearly 50 entities that are
part of a “shadow banking” network supporting the IRGC and the Ministry of
Defense and Armed Forces Logistics – June 25.

In the face of [26]continued Houthi attacks on commercial shipping in the
Red Sea, the United States unveiled new sanctions aimed at cutting off the
group’s sources of funding and procurement.
* On June 10, the Treasury Department announced [27]the seventh round of
sanctions targeting the network of Houthi financial facilitator Sa’id
al-Jamal – June 10.
* The Treasury Department also [28]sanctioned seven entities in China,
Hong Kong, and Oman that have helped the Houthis procure materials and
equipment for weapons manufacturing in Yemen – June 17.

Iran Watch is a website published by the Wisconsin Project on Nuclear Arms
Control. The Wisconsin Project is a non-profit, non-partisan organization
that conducts research, advocacy, and public education aimed at inhibiting
strategic trade from contributing to the proliferation of weapons of mass
destruction.

Copyright © 2024 - Wisconsin Project on Nuclear Arms Control

[29]HOME

[30]ABOUT

[31]CONTACT US

[32]Twitter [33]LinkedIn [34]Facebook

References

1. [link removed]
2. [link removed]
3. [link removed]
4. [link removed]
5. [link removed]
6. [link removed]
7. [link removed]
8. [link removed]
9. [link removed]
10. [link removed]
11. [link removed]
12. [link removed]
13. [link removed]
14. [link removed]
15. [link removed]
16. [link removed]
17. [link removed]
18. [link removed]
19. [link removed]
20. [link removed]
21. [link removed]
22. [link removed]
23. [link removed]
24. [link removed]
25. [link removed]
26. [link removed]
27. [link removed]
28. [link removed]
29. [link removed]
30. [link removed]
31. [link removed]
32. [link removed]
33. [link removed]
34. [link removed]
Manage Your Subscription:
[link removed]
This message was sent to [email protected] from [email protected]

Wisconsin Project on Nuclear Arms Control
Iran Watch
1701 K Street NW Suite 805
Washington, DC 20006
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

iContact - Engage, WOW, and grow your audience: [link removed]