Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
We’ve Taken Down the Forward Paywall: An Open Letter to Our ReadersRead Now
Fast Forward

Trump Administration Sanctions Five Iranian Companies Over Missile Work

WASHINGTON (JTA) — The Trump administration sanctioned five Iranian entities for facilitating the country’s ballistic missile program.

All five are “owned or controlled by Iran’s Shahid Bakeri Industrial Group,” said a statement Thursday by the Treasury Department, which, the statement said, is already sanctioned because it “is responsible for the development and production of Iran’s solid-propellant ballistic missiles.”

President Trump, who is reconsidering the 2015 Iran nuclear deal, which traded sanction relief for a rollback of Iran’s nuclear program, has said he would ratchet up non-nuclear sanctions, with a special focus on missile delivery systems. The nuclear deal did not encompass missiles, which Trump has said is a serious flaw.

The sanctions make it difficult for the companies to conduct business in international markets.

Steven Mnuchin, the Treasury secretary, in the statement also linked the sanctions to the current uprising against Iran’s theocracy, which in part owes to public discontent that suspended sanctions haven’t led to economic progress.

“The United States will continue to decisively counter the Iranian regime’s malign activity, including additional sanctions targeting human rights abuses,” he said. “We will not hesitate to call out the regime’s economic mismanagement, and diversion of significant resources to fund threatening missile systems at the expense of its citizenry.”

Engage

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.