
US sanctions more Hong Kong firms for aiding Iranian drone makers
The IndependentSign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Treasury Department imposed sanctions on six firms in Hong Kong and mainland China for allegedly supplying components to Iran’s drone and missile programmes in violation of US bans. “Iran continues to try to find new ways to procure the key components it needs to bolster its UAV weapons program through new front companies and third-country suppliers,” treasury secretary Scott Bessent said. The Treasury claimed that the Hong Kong entities procured components for Iranian firm Pishtazan Kavosh Gostar Boshra and its subsidiary, Narin Sepehr Mobin Isatis, which were known for supplying Iran’s drone and ballistic missile programmes and remained under US sanctions. “Today’s action, which is part of President Trump’s maximum pressure campaign on the Iranian regime, aims to disrupt efforts by the Iranian entity Pishtazan Kavosh Gostar Boshra to reconstitute its procurement network and continue obtaining critical parts from foreign suppliers,” a statement by the State Department said.
History of this topic

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Associated Press
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The Independent
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China opposes US sanctions on firms over alleged ties to Russia’s war efforts
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US sanctions ‘sprawling shadow banking network’ that helps Iran’s military
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