Department of State
Today, the Deputy Secretary of State made two new determinations with sanctions implications pursuant to Section 1245 of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA). The Deputy Secretary identified Iran's construction sector as being controlled directly or indirectly by the Islamic Revolutionary Guard Corps (IRGC) who only build terror and chaos, and identified 10 additional strategic materials that Iran is using in connection with its nuclear, military, or ballistic missile programs.
With these determinations, the United States has broader sanctions authorities to prevent Iran from acquiring strategic materials for its construction sector under IRGC control and its proliferation programs.
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