Blocking Property of Certain Persons With Respect to the Conventional Arms Activities of Iran
Headline: Blocks Property of People Supporting Iran's Conventional Arms Trade
What it does: Agencies must block property and bar transactions with persons who support Iran's supply or transfer of conventional weapons.
- Freezes assets and blocks financial and commercial dealings for listed people and companies.
- Suspends entry into the United States for foreign nationals meeting the order's criteria.
- Exempts humanitarian sales of food, medicine, and medical devices from the prohibitions.
Summary
This order blocks and forbids transactions involving the property of people and organizations tied to Iran's trade in conventional weapons. It directs U.S. officials to identify and freeze assets, bar financial and commercial dealings, and prevent those people from entering the United States, subject to limited exceptions.
The rule affects individuals, companies, and banks that support Iran's arms supply or related services, while allowing humanitarian sales of food, medicine, and medical devices. The stated purpose is to reduce Iran's ability to acquire and spread weapons and to protect U.S. interests.
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