Friday, 08 November 2024

South Asian Update
South Asian Update

The World in Brief

US targets Iranian drone industry in latest round of sanctions

 Published: 06:03, 22 March 2023

US targets Iranian drone industry in latest round of sanctions

The United States has announced its latest round of sanctions against Iranian drone and missile production, this time focusing on firms and individuals who allegedly procured equipment for Tehran’s drone programme.

In a statement on Tuesday, the US Department of the Treasury said the targeted 'procurement network' operates on behalf of Iran’s Ministry of Defence and Armed Forces Logistics (MODAFL), which oversees firms involved in developing unmanned aerial vehicles (UAVs) and ballistic missiles.

Advertisement

Latest News

Most Popular