TRUMP ADMINISTRATION IMPOSES NEW SANCTIONS ON IRAN

Highlights

• The US Treasury Department in a statement named Kaifeng Pingmei New Carbon Materials Technology Co. Ltd (KFCC), a Chinese company

• On the other hand, the Pasargad Steel Complex and the Gilan Steel Complex Co. are among the 12 blacklisted Iranian companies

• Both these companies were designated under Executive Order 13871 for operating in the Iranian steel sector

In the last f....