US announces new batch of sanctions against 10 entities, four individuals behind production of Iranian drones

An Iranian Shahed-129 drone is displayed at a rally in Tehran, Iran,  February 11, 2016. (Ebrahim Noroozi/AP)
An Iranian Shahed-129 drone is displayed at a rally in Tehran, Iran, February 11, 2016. (Ebrahim Noroozi/AP)

The US Treasury Department announces a new batch of sanctions against 10 entities and four individuals based in Iran, Malaysia, Hong Kong and Indonesia that it says are behind the production of Iranian drones.

The network has facilitated the acquisition of UAV parts worth hundreds of thousands of dollars for the Islamic Revolutionary Guard Corps Aerospace Force Self Sufficiency Jihad Organization and its drone program, the Treasury Department says in a statement.

“Iran’s illicit production and proliferation of its deadly UAVs (unmanned aerial vehicles) to its terrorist proxies in the Middle East and to Russia continues to exacerbate tensions and prolong conflicts, undermining stability,” Under Secretary for Terrorism and Financial Intelligence Brian Nelson says.

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