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US sanctions network smuggling American tech to Iran's central bank
US sanctions network smuggling American tech to Iran's central bank
Economy
by  AFP

The US Treasury Department unveiled sanctions against a network of companies and individuals Friday for facilitating illegal technology transfers from dozens of US firms to Iranian entities, including the country's central bank. The sanctions relate to Informatics Services Corporation (ISC), the technology arm of the Central Bank of Iran (CBI), the Treasury Department said in a statement.