US lifts sanctions against two Iranian companies – Mehr News Agency | Iran and world’s news
The administration of US President Joe Biden announced on Friday that sanctions against two Iranian-based companies – the Mammoth Industrial Group and its subsidiary Mammoth Diesel – During the presidency of “Donald Trump” under the guise of “campaign to put maximum pressure on Iran” has been canceled.
The US Treasury Department’s Office of Foreign Assets Control (OFAC) listed the Mammoth Industrial Group as “the main manufacturers and suppliers of dual-purpose military goods for Iran’s missile programs.”
Sanctions against these two Iranian companies are part of 1500 The Trump administration has imposed sanctions on Iran since 2018.
Sputnik quoted a US Treasury Department spokesman as saying that the lifting of sanctions “does not reflect a change in US sanctions policy towards Iran”.
“This (lifting of sanctions) has nothing to do with the negotiation effort for a nuclear deal,” a ministry spokesman was quoted as saying by Hill News. “The United States continues to destabilize Iran, including imposing sanctions.”
Also, the US Treasury Department did not specify whether Washington believes the Mammoth and Mammoth Diesel Industrial Groups have stopped supporting Iran’s missile industry.
.