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The inclusion of individuals and entities on the sanctions list by the US Treasury effectively isolates them from the global financial system, freezes any assets they have under US jurisdiction, and warns non-US institutions that they must deal with them.
The relationship between the United States and Iran has been strained since 2018, after the administration of the president of the United States withdrew. Donald trump Of the nuclear agreement with Tehran and reimposed Economic sanctions against you.
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ANDThe United States Treasury Office of Foreign Assets Control (OFAC) sanctioned Arch Consulting for engineering studies and consulting and engineering and architectural construction contracting for being owned, controlled or directed by Hezbollah.
In addition, OFAC appointed Sultan Khalifa Asaad, an official of the Hezbollah Executive Council, who is closely linked to the two companies.
Treasury Secretary Stephen Mnuchin said that by exploiting the Lebanese economy and manipulating corrupt Lebanese officials, companies associated with the terrorist organization are obtaining government contracts, and that the United States will remain committed to attacking Hezbollah and its supporters because they are corruptly exploiting Lebanese resources to enrich its leaders, while the Lebanese people are suffering from insufficient services.
The inclusion of individuals and entities on the sanctions list by the US Treasury effectively isolates them from the global financial system, freezes any assets they have under US jurisdiction, and warns institutions not to They are from the USA.
The relationship between the United States and Iran has been strained since 2018, after the administration of the US president withdrew. Donald trump Of the nuclear agreement with Tehran and reimposed Economic sanctions against you.
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