Designating Iran Sanctions Evaders (State Dep't Press Statement)

Date issued: Mar. 02 2023

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TURBOFAC Commentary (74 words)

Notes:

1) This Press Statement announces designations that appear to qualify as pure secondary sanctions actions, as described in Introductory Note Common to all Derivative Designation Notices Included in the Research System, at least with respect to the Vietnam, PRC and UAE entities. There is nothing to suggest that the transactions in which those entities were involved were anything other than arm's length transactions not illegal in any jurisdiction with authority over the transaction.