Iran Attack: U.S. Sanctions Top Officials, Metals

January 10, 2020

On January 10, President Trump issued an executive order authorizing sanctions “against any individual or entity operating in the construction, manufacturing, textiles, or mining sectors of the Iranian economy.” Mining and metals have historically been one of the regime's largest non-oil sources of export revenue, some 10 percent. The U.S. Treasury also blacklisted eight senior Iranian officials, including the secretary of the Supreme National Security Council, Ali Shamkhani. “The United States is targeting senior Iranian officials for their involvement and complicity in Tuesday’s ballistic missile strikes,” said Treasury Secretary Steven Mnuchin. Iran had launched more than a dozen missiles at two Iraqi bases housing U.S. troops in retaliation for the killing of Qassem Soleimani, the head of the elite Qods Force. “We are also designating Iran’s largest metals manufacturers, and imposing sanctions on new sectors of the Iranian economy including construction, manufacturing, and mining. These sanctions will continue until the regime stops the funding of global terrorism and commits to never having nuclear weapons,” Mnuchin added.

In a press briefing, Pompeo defended the airstrike that killed Soleimani on January 3. He maintained that Soleimani was planning “broad, large-scale attacks” on U.S. targets in the region. Pompeo acknowledged that the United States did not know “exactly which minute” the attack would occur but characterized it as imminent. “This was going to happen, and American lives were at risk,” Pompeo said. He added that Iran intended to “kill people” and not just destroy equipment when it launched missiles at Iraqi bases housing U.S. troops on January 8. But other U.S. officials had previously reported that Iran intentionally missed U.S. and Iraqi military personnel. Iran’s U.N. ambassador, Majid Takht Ravanchi, had also said that the attack was not intended to kill Americans. Amir Ali Hajizadeh, the head of the Islamic Revolutionary Guards Aerospace Force, which carried out the strike, said the same.

The following are statements by President Trump, Secretary of State Mike Pompeo and the Treasury.

 

Statement from President Trump

Today, I am holding the Iranian regime responsible for attacks against United States personnel and interests by denying it substantial revenue that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence.  I have issued an Executive Order authorizing the imposition of sanctions against any individual or entity operating in the construction, manufacturing, textiles, or mining sectors of the Iranian economy or anyone assisting those who engage in this sanctioned conduct.  This order will have a major impact on the Iranian economy, authorizing powerful secondary sanctions on foreign financial institutions.  Iran continues to be the world’s leading sponsor of terrorism.  The Iranian regime has threatened United States military service members, diplomats, and civilians, as well as the citizens and interests of our allies and partners, through military force and proxy groups.  The United States will continue to counter the Iranian regime’s destructive and destabilizing behavior.  Iran will never be allowed to have a nuclear weapon.  These punishing economic sanctions will remain until the Iranian regime changes its behavior.  The United States is ready to embrace peace with all who seek it.

 

Treasury Press Release

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against eight senior Iranian regime officials who have advanced the regime’s destabilizing objectives, as well as the largest steel, aluminum, copper, and iron manufacturers in Iran, who collectively generate billions of dollars annually.  Treasury’s action includes the designations of Ali Shamkhani, the Secretary of Iran’s Supreme National Security Council; Mohammad Reza Ashtiani, the Deputy Chief of Staff of Iranian armed forces; and Gholamreza Soleimani, the head of the Basij militia of the Islamic Revolutionary Guards Corps (IRGC).  In addition, Treasury designated 17 Iranian metals producers and mining companies; a network of three China- and Seychelles-based entities; and a vessel involved in the purchase, sale, and transfer of Iranian metals products, as well as in the provision of critical metals production components to Iranian metal producers.

Concurrently with today’s designations, the President is signing a new Executive Order (E.O.) that targets additional sources of revenue used by the Iranian regime to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence. Specifically, this E.O. authorizes the Secretary of the Treasury, in consultation with the Secretary of State, to impose sanctions against persons operating in or transacting with additional sectors of the Iranian economy, including construction, mining, manufacturing, and textiles.

“The United States is targeting senior Iranian officials for their involvement and complicity in Tuesday’s ballistic missile strikes,” said Secretary Steven T. Mnuchin. “We are also designating Iran’s largest metals manufacturers, and imposing sanctions on new sectors of the Iranian economy including construction, manufacturing, and mining. These sanctions will continue until the regime stops the funding of global terrorism and commits to never having nuclear weapons.”  

FOREIGN PURCHASERS AND TRANSPORTERS OF IRANIAN STEEL, AND PROVIDERS OF CRITICAL MATERIALS NEEDED FOR IRANIAN METAL PRODUCTION

Since August 2019, Beijing-based trading company Pamchel Trading Beijing Co. Ltd. has purchased tens of thousands of metric tons of steel slabs on a monthly basis from Iran’s Esfahan Mobarakeh Steel Company.

During 2019, Pamchel Trading Beijing Co. Ltd. has sold multiple consignments of carbon blocks, cathode blocks, and graphite electrodes to Iranian minerals trading firm Khalagh Tadbir Pars Co. for shipment to Iran and use by Iranian metals producers.  Since August 2019, Khalagh Tadbir Pars Co. has purchased materials including carbon blocks and cathode blocks from Pamchel Trading Beijing Co. Ltd. for ultimate end-use by the Iran Aluminum Company. 

Pamchel Trading Beijing Co. Ltd. has also facilitated Khalagh Tadbir Pars Co.’s purchase of materials such as cathodes from Chinese manufacturers.  Additionally, in November 2019, Khalagh Tadbir Pars Co. and Pamchel Trading Beijing Co. Ltd. coordinated the sale of Iranian copper concentrates to a Chinese purchaser.

Pamchel Trading Beijing Co. Ltd. is being designated pursuant to E.O. 13871 for having knowingly engaged, on or after the date of the E.O. 13871, in a significant transaction for the purchase, acquisition, sale, transport, or marketing of iron, iron products, aluminum, aluminum products, steel, steel products, copper, or copper products from Iran, as well as for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or service in support of Khalagh Tadbir Pars Co.

Pamchel Trading Beijing Co. Ltd. uses Power Anchor Limited, located in the Seychelles, as a front company to obfuscate the true Iranian end-user for metals-related materials shipped to Iran.  Pamchel Trading Beijing Co. Ltd. has also used Power Anchor Limited to facilitate payments from Iranian steel companies for purchases of graphite electrodes used in metal production brokered by Pamchel Trading Beijing Co. Ltd.  Power Anchor Limited is being designated pursuant to E.O. 13871 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Pamchel Trading Beijing Co. Ltd.

In September 2019, the vessel Hong Xun transported steel slabs purchased by Pamchel Trading Beijing Co. Ltd. from Esfahan Mobarakeh Steel Company from Bandar Abbas, Iran, to China.  Hongyuan Marine Co. Ltd., located in Zhejian, China, is the registered owner of the vessel Hong Xun, as well as the vessel’s Ship Manager/Commercial Manager.  Hongyuan Marine Co. Ltd. is being designated pursuant to E.O. 13871 for having knowingly engaged, on or after the date of E.O. 13871, in a significant transaction for the purchase, acquisition, sale, transport, or marketing of iron, iron products, aluminum, aluminum products, steel, steel products, copper, or copper products from Iran through its vessel, Hon Xun.  OFAC is also identifying the Hong Xun as blocked property in which Hongyuan Marine Co. Ltd. has an interest.

IRANIAN IRON AND STEEL COMPANIES AND OMAN-BASED SUPPLIER  

Today’s action targets the 13 largest steel and iron manufacturers in Iran, who collectively generate billions in sales annually.

Mobarakeh Steel Company is the biggest steel producer in the Middle East and the biggest direct reduced iron producer in the world.  Mobarakeh Steel Company produces more than 50 percent of Iran’s steel in all major markets.  OFAC previously designated Mobarakeh Steel Company in October 2018 pursuant to E.O. 13224, a counterterrorism authority, for providing material support to Mehr Eqtesead Iranian Investment Company, an IRGC-affiliated entity.

In addition to Mobarakeh, OFAC is designating Saba Steel, Hormozgan Steel CompanyEsfahan Steel CompanyOxin Steel CompanyKhorasan Steel CompanySouth Kaveh Steel Company, Iran Alloy Steel Company, Golgohar Mining and Industrial CompanyChadormalu Mining and Industrial CompanyArfa Iron and Steel CompanyKhouzestan Steel Company, and Iranian Ghadir Iron & Steel Co pursuant to E.O. 13871 for operating in the iron, steel, aluminum, or copper sectors of Iran.

OFAC is also designating Oman-based Reputable Trading Source LLC, which is owned or controlled by, or has acted or purported to act for or on behalf of, directly or indirectly, Khouzestan Steel Company.  Reputable Trading Source LLC was incorporated to provide and supply the spare parts, equipment, and raw material that is required by steel companies, and further engages in marketing and exporting steel products from Iran.

IRANIAN ALUMINUM AND COPPER COMPANIES

OFAC is also taking action against the top companies operating in the Iranian aluminum and copper sectors.

Iran Aluminum Company was established as the first producer of aluminum bricks in Iran, and accounts for approximately 75 percent of the country’s total aluminum production volume.  Also designated today is Al-Mahdi Aluminum Corporation, a top producer of aluminum in Iran, and National Iranian Copper Industries, the leading copper producer in the Middle East and North Africa region.  Khalagh Tadbir Pars Co. is a minerals trading firm that deals in iron ore, copper concentrate, alumina, and aluminum.

Iran Aluminum Company, Al-Mahdi Aluminum Corporation, National Iranian Copper Industries, and Khalagh Tadbir Pars Co. are being designated pursuant to E.O. 13871 for operating in the iron, steel, aluminum, or copper sectors of Iran.

ALI SHAMKHANI AND GHOLAMREZA SOLEIMANI

OFAC is designating Ali Shamkhani, the Secretary of Iran’s Supreme National Security Council (SNSC), who was appointed by the Supreme Leader in September 2013 as one of his representatives to the SNSC.  Ali Shamkhani, an IRGC admiral, is currently the secretary of the SNSC, which determines the country’s security and defense policies and coordinates political, intelligence, social, and economic activities in accordance with the Supreme Leader’s guidelines.

As the head of the SNCS, Ali Shamkhani plays a key role in implementation of the Supreme Leader’s domestic and foreign policies.   

Brigadier General Gholamreza Soleimani was appointed by the Supreme Leader on July 2, 2019 as the Commander of the Basij Resistance Force, a paramilitary force subordinate to IRGC. Among other malign activities, the IRGC’s Basij militia recruits, trains, and deploys child soldiers to fight in IRGC-fueled conflicts across the region.  

MOHSEN REZA’I AND MOHAMMAD REZA NAQDI

Mohsen Reza’i is a longtime member of Iran’s Expediency Council and was appointed by the Supreme Leader.  The Expediency Council provides guidance to the Supreme Leader on all manner of policy.  Reza’i is a former IRGC commander who is suspected of involvement in the 1994 terrorist attack against the AMIA Jewish community in Argentina, resulting in the deaths of 85 people.  Reza’i remains wanted by Argentina and has an active international arrest warrant through Interpol.

Mohammad Reza Naqdi was appointed by the Supreme Leader as the Deputy Coordinator of the IRGC in May 2019.  Naqdi is the former Commander of the Basij, as well as a former head of the Basij intelligence unit who was responsible for the interrogation of those arrested during the post-election crackdown in 2009.  In this role, he extracted forced confessions from high-ranking reformist leaders broadcast on Iranian state-run television.  As a result of his actions in the aftermath of the 2009 protests, Naqdi was previously designated by Treasury in 2011 pursuant to E.O. 13553, a human rights authority.

MOHAMMAD REZA ASHTIANI AND ALI ABDOLLAHI

Mohammad Reza Ashtiani and Ali Abdollahi are senior Iranian military appointees of the Supreme Leader.  Ashtiani was appointed by the Supreme Leader as Deputy Chief of Staff of the Iranian armed forces in July 2019, while IRGC Brigadier General Abdollahi was appointed the Coordination Deputy for the Armed Forces General Staff (AFGS) in July 2016.  Abdollahi is a former Deputy Commander of Iran’s Law Enforcement Forces.  OFAC previously designated the AFGS and its chief, IRGC General Mohammed Bagheri, pursuant to E.O. 13876 in November 2019.

Ali Shamkhani, Gholamreza Soleimani, Mohsen Reza’i, Mohammad Reza Naqdi, Mohammad Reza Ashtiani and Ali Abdollahi are being designated pursuant to E.O. 13876 for being persons appointed to a position as a state official of Iran by the Supreme Leader.

ALI ASGHAR HEJAZI AND MOHSEN QOMI

Ali Asghar Hejazi is a senior official within the Supreme Leader’s Office in charge of security.  Hejazi also maintains close links to the IRGC’s Qods Force.  Hejazi was previously designated in May 2013 pursuant to E.O. 13553, a human rights authority, for supporting the commission of serious human rights abuses in Iran on or after June 12, 2009, as well as for providing material support to the IRGC and Iran’s Ministry of Intelligence and Security (MOIS).

Mohsen Qomi, a Deputy Advisor for International Affairs in the Supreme Leader’s Office and an advisor to the Supreme Leader on International Communications, has represented the Supreme Leader on official international visits.

Hejazi and Qomi are being designated pursuant to E.O. 13876 for having acted or purported to act for or on behalf of, directly or indirectly, the Supreme Leader.

SANCTIONS IMPLICATIONS

All property and interests in property of these persons that are in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC.  OFAC’s regulations generally prohibit all dealings by U.S. persons or within (or transiting) the United States that involve any property or interests in property of blocked or designated persons. 

In addition, persons that engage in certain transactions with the persons designated today may themselves be exposed to sanctions.  Furthermore, any foreign financial institution that knowingly conducts or facilitates a significant transaction for or on behalf of the persons designated today could be subject to U.S. correspondent or payable-through account sanctions.

 

Statement from Secretary of State Mike Pompeo

Today, the United States is taking a series of actions in response to Iran’s attacks against U.S. forces and interests, and to deprive the Iranian regime of revenue to conduct its violent foreign policy.  We will continue to hold individuals and entities accountable for supporting the Iranian regime’s many fronts of terror.

We are sanctioning eight senior Iranian leaders, including Ali Shamkhani, the Secretary of the Supreme National Security Council, Gholamreza Soleimani, the Commander of the Basij, and six other senior officials pursuant to Executive Order 13876 (E.O. 13876) for being appointed by, or acting for or on behalf of, the Supreme Leader.  These individuals have carried out Iran’s terror plots and campaigns of mayhem across the region and are complicit in the recent murders of around 1,500 Iranians protesting for freedom.

The Iranian regime exploits revenue from its metals industry to fund its destabilizing activities.  Accordingly, the Department of State is sanctioning Pamchel Trading (Beijing) Co., Ltd. pursuant to section 1245 the Iran Freedom and Counter-Proliferation Act for transferring 29,000 metric tons of steel from an Iranian firm that is a Specially Designated Global Terrorist.  The Department of the Treasury is similarly sanctioning twenty-two entities and three vessels pursuant to E.O. 13871, for operating in the iron, steel, aluminum, or copper sectors of Iran, and related activities.

The President will also issue an Executive Order authorizing the imposition of sanctions with respect to additional sectors of the Iranian economy, including: construction, manufacturing, textiles, and mining.  This action will significantly expand the United States’ ability to target this regime’s various revenue streams.

As President Trump said yesterday, our sanctions will remain until Iran changes its behavior. The civilized world must send a clear and unified message to the Iranian regime: Iran’s campaign of terror, murder, and mayhem will not be tolerated any longer.  The United States calls on all nations to stand against the Iranian regime’s ideology of terror and to hold Iran accountable for its violence.

 

Executive Order by President Trump

    By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.) (NEA), section 212(f) of the Immigration and Nationality Act of 1952 (8 U.S.C. 1182(f)), and section 301 of title 3, United States Code,

    I, DONALD J. TRUMP, President of the United States of America, find that Iran continues to be the world's leading sponsor of terrorism and that Iran has threatened United States military assets and civilians through the use of military force and support to Iranian-backed militia groups.  It remains the policy of the United States to deny Iran all paths to a nuclear weapon and intercontinental ballistic missiles, and to counter the totality of Iran's malign influence in the region.  In furtherance of these objectives, it is the policy of the United States to deny the Iranian government revenues, including revenues derived from the export of products from key sectors of Iran's economy, that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence.

    In light of these findings and in order to take further steps with respect to the national emergency declared in Executive Order 12957 of March 15, 1995, I hereby order:

    Section 1.   (a)  All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:  any person determined by the Secretary of the Treasury, in consultation with the Secretary of State:

        (i)    to operate in the construction, mining, manufacturing, or textiles sectors of the Iranian economy, or any other sector of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State;

        (ii)   to have knowingly engaged, on or after the date of this order, in a significant transaction for the sale, supply, or transfer to or from Iran of significant goods or services used in connection with a sector of the Iranian economy specified in, or determined by the Secretary of the Treasury, in consultation with the Secretary of State, pursuant to, subsection (a)(i) of this section;  

        (iii)  to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, any person whose property and interests in property are blocked pursuant to this order; or

        (iv)   to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to this order. 

    (b)  The prohibitions in this section apply except to the extent provided by statutes, or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and notwithstanding any contract entered into or any license or permit granted before the date of this order.

    Sec. 2.   (a)  The Secretary of the Treasury, in consultation with the Secretary of State, is hereby authorized to impose on a foreign financial institution the sanctions described in subsection (b) of this section upon determining that the foreign financial institution has, on or after the date of this order, knowingly conducted or facilitated any significant financial transaction:

        (i)   for the sale, supply, or transfer to or from Iran of significant goods or services used in connection with a sector of the Iranian economy specified in, or determined by the Secretary of the Treasury, in consultation with the Secretary of State, pursuant to, section 1(a)(i) of this order; or

        (ii)  for or on behalf of any person whose property and interests in property are blocked pursuant to section 1 of this order.

    (b)  With respect to any foreign financial institution determined by the Secretary of the Treasury, in consultation with the Secretary of State, in accordance with this section to meet the criteria set forth in subsection (a) of this section, the Secretary of the Treasury may prohibit the opening, and prohibit or impose strict conditions on the maintaining, in the United States of a correspondent account or a payable-­through account by such foreign financial institution.

    (c)  The prohibitions in subsection (b) of this section apply except to the extent provided by statutes, or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and notwithstanding any contract entered into or any license or permit granted before the date of this order.

    Sec. 3.    The unrestricted immigrant and nonimmigrant entry into the United States of aliens determined to meet one or more of the criteria in section l(a) of this order would be detrimental to the interests of the United States, and the entry of such persons into the United States, as immigrants or nonimmigrants, is hereby suspended, except where the Secretary of State determines that the person's entry would not be contrary to the interests of the United States, including when the Secretary so determines, based on a recommendation of the Attorney General, that the person's entry would further important United States law enforcement objectives.  In exercising this responsibility, the Secretary of State shall consult the Secretary of Homeland Security on matters related to admissibility or inadmissibility within the authority of the Secretary of Homeland Security.  Such persons shall be treated in the same manner as persons covered by section 1 of Proclamation 8693 of July 24, 2011 (Suspension of Entry of Aliens Subject to United Nations Security Council Travel Bans and International Emergency Economic Powers Act Sanctions).  The Secretary of State shall have the responsibility for implementing this section pursuant to such conditions and procedures as the Secretary has established or may establish pursuant to Proclamation 8693.

    Sec. 4.    I hereby determine that the making of donations of the types of articles specified in section 203(b)(2) of IEEPA (50 U.S.C. 1702(b)(2)) by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to section 1 of this order would seriously impair the President's ability to deal with the national emergency declared in Executive Order 12957, and I hereby prohibit such donations as provided by section 1 of this order.

    Sec. 5.    The prohibitions in section 1 of this order include:

    (a)  the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order; and

    (b)  the receipt of any contribution or provision of funds, goods, or services from any such person.

    Sec. 6.    (a)  Any transaction that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate any of the prohibitions set forth in this order is prohibited. 

    (b)  Any conspiracy formed to violate any of the prohibitions set forth in this order is prohibited.

    Sec. 7.    For the purposes of this order:

    (a)  The term "entity" means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization; 

    (b)  the term "foreign financial institution" means any foreign entity that is engaged in the business of accepting deposits, making, granting, transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities, commodity futures or options, or procuring purchasers and sellers thereof, as principal or agent.  The term includes, but is not limited to, depository institutions, banks, savings banks, money service businesses, trust companies, securities brokers and dealers, commodity futures and options brokers and dealers, forward contract and foreign exchange merchants, securities and commodities exchanges, clearing corporations, investment companies, employee benefit plans, dealers in precious metals, stones, or jewels, and holding companies, affiliates, or subsidiaries of any of the foregoing.  The term does not include the international financial institutions identified in 22 U.S.C. 262r(c)(2), the International Fund for Agricultural Development, the North American Development Bank, or any other international financial institution so notified by the Secretary of the Treasury;

    (c)  the term "Government of Iran" includes the Government of Iran, any political subdivision, agency, or instrumentality thereof, including the Central Bank of Iran, and any person owned or controlled by, or acting for or on behalf of, the Government of Iran;

    (d)  the term "Iran" means the Government of Iran and the territory of Iran and any other territory or marine area, including the exclusive economic zone and continental shelf, over which the Government of Iran claims sovereignty, sovereign rights, or jurisdiction, provided that the Government of Iran exercises partial or total de facto control over the area or derives a benefit from economic activity in the area pursuant to international arrangements;

    (e)  the term "knowingly," with respect to conduct, a circumstance, or a result, means that a person has actual knowledge, or should have known, of the conduct, the circumstance, or the result; 

    (f)  the term "person" means an individual or entity; and

    (g)  the term "United States person" means any United States citizen, permanent resident alien, entity organized under the laws of the United States or any jurisdiction within the United States (including foreign branches), or any person in the United States.

    Sec. 8.   For those persons whose property and interests in property are blocked pursuant to this order who might have a constitutional presence in the United States, I find that because of the ability to transfer funds or other assets instantaneously, prior notice to such persons of measures to be taken pursuant to this order would render those measures ineffectual.  I therefore determine that for these measures to be effective in addressing the national emergency declared in Executive Order 12957, there need be no prior notice of a listing or determination made pursuant to this order.

    Sec. 9.   The Secretary of the Treasury, in consultation with the Secretary of State, is hereby authorized to take such actions, including the promulgation of rules and regulations, and to employ all powers granted to the President by IEEPA as may be necessary to carry out the purposes of this order.  The Secretary of the Treasury may, consistent with applicable law, redelegate any of these functions within the Department of the Treasury.  All departments and agencies of the United States shall take all appropriate measures within their authority to implement this order.

   Sec. 10.   (a)  Nothing in this order shall be construed to impair or otherwise affect:

        (i)   the authority granted by law to an executive department or agency, or the head thereof; or

        (ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

    (b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

    (c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

    Sec. 11.   This order shall not apply with respect to any person for conducting or facilitating a transaction for the provision (including any sale) of agricultural commodities, food, medicine, or medical devices to Iran.

    Sec. 12.   Nothing in this order shall prohibit transactions for the conduct of the official business of the United Nations (including its specialized agencies, programmes, funds, and related organizations) by employees, grantees, or contractors thereof.   

    Sec. 13.   The measures taken pursuant to this order are in response to actions of the Government of Iran occurring after the conclusion of the 1981 Algiers Accords, and are intended solely as a response to those later actions.

 

President Trump’s Message to Congress

Pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), I hereby report that I have issued an Executive Order (the "order") with respect to Iran that takes additional steps with respect to the national emergency declared in Executive Order 12957 of March 15, 1995.
 
  The order takes steps to deny Iran revenue, including revenue derived from the export of products from key sectors of Iran's economy, that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence.
 
  The order blocks the property and interests in property of persons determined by the Secretary of the Treasury, in consultation with the Secretary of State:
 

  • to operate in the construction, mining, manufacturing, or textiles sectors of the Iranian economy, or any other sector of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State;

 

  • to have knowingly engaged, on or after the date of the order, in a significant transaction for the sale, supply, or transfer to or from Iran of significant goods or services used in connection with a sector of the Iranian economy specified in, or determined by the Secretary of the Treasury, in consultation with the Secretary of State, pursuant to, section 1(a)(i) of the order; 

 

  • to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, any person whose property and interests in property are blocked pursuant to the order; or

 

  • to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to the order.

 
  The order also authorizes the Secretary of the Treasury, in consultation with the Secretary of State, to impose correspondent account and payable-through account-related sanctions on a foreign financial institution upon determining the foreign financial institution has, on or after the date of the order, knowingly conducted or facilitated a significant financial transaction:
 

  • for the sale, supply, or transfer to or from Iran of significant goods or services used in connection with a sector of the Iranian economy specified in, or determined by the Secretary of the Treasury, in consultation with the Secretary of State, pursuant to, section 1(a)(i) of the order; or

 

  • for or on behalf of any person whose property and interests in property are blocked pursuant to section 1 of the order.

 
  I have delegated to the Secretary of the Treasury, in consultation with the Secretary of State, the authority to take such actions, including adopting rules and regulations, to employ all powers granted to the President by IEEPA as may be necessary to implement the order.