IRAN CENTRIFUGE TECHNOLOGY COMPANY

Yousef Abad District, No. 1, 37th Street, Tehran, Iran; Khalij-e Fars Boulevard, Kilometre 10 of Atomic Energy Road, Rowshan Shahr, Third Moshtaq Street, Esfahan, Iran

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating five entities and one individual based in Iran for their support to key entities that manage and oversee Iran’s nuclear program, including the Atomic Energy Organization of Iran (AEOI) and the AEOI-subordinate Iran Centrifuge Technology Company (TESA). Today’s action, which targets entities procuring, or manufacturing, critical technologies for TESA and AEOI, is taken in furtherance of U.S. policy that Iran be denied a nuclear weapon, as stated in National Security Presidential Memorandum 2. Treasury designated TESA on November 21, 2011. TESA routinely collaborates on projects in support of AEOI. TESA plays a crucial role in Iran’s uranium enrichment efforts through the production of centrifuges used in facilities belonging to the AEOI.

US

Subject to Secondary Sanctions

https://home.treasury.gov/news/press-releases/sb0077

2011-11-21

US

Iranian Financial Sanctions Regulations, 31 CFR part 561

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

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