Overview
- Designations span Iran, China, Hong Kong, the UAE, Türkiye, India, Germany and Ukraine, targeting what officials describe as transnational procurement chains for ballistic missiles and UAVs.
- Treasury highlighted a multinational “MVM partnership” that sourced sodium chlorate, sodium perchlorate and sebacic acid from China for Parchin Chemical Industries, part of Iran’s Defense Industries Organization.
- Those cited include UAE‑based Marco Klinge and India’s Farmlane Private Limited, China‑based Ma Jie and associated firms, and entities tied to HESA and KIPAS that support UAV components and aerospace sourcing.
- The measures were imposed under Executive Orders 13382 and 13224, block U.S.-based property of designees, and warn foreign financial institutions of potential secondary sanctions exposure.
- Officials said the move supports the September 27 reimposition of UN sanctions on Iran, and OFAC also updated the SDN entry for the vessel SHUN KAI XING, now HONESTAR, flagged over attempts to ship sensitive machinery to Iran.