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New US Sanctions Target Iran's Aviation Sector: Compliance Implications for Airlines, Lessors and Aviation Service Providers
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced a new sanctions package targeting Iran's aviation sector under "Operation Economic Outcast". The measures reportedly target 36 entities, including 27 Iranian airlines and a number of aviation, logistics, trading, supply-chain and intermediary companies operating in third countries. The designated entities reportedly include businesses located in the United Arab Emirates, Türkiye, the U

Erten Partners
Sep 133 min read
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