Ban on Iranian Companies

U.S. Sanctions Five Iranian Companies

Question: Recently, the US has banned five Iranian companies helping Iran’s missile program. These five companies are the subordinate companies of Iran’s Industrial Group?
(a) Mahmood Bakri
(b) Shahid Bakri
(c) Afzal Khomeini
(d) Ahmed Bilal
Answer: (b)
Related Facts:

  • On January 4th, 2018, the US has banned five Iranian companies helping in Iran’s missile program.
  • Under the ban, properties of these companies will be confiscated in the US and American citizens will not be able to deal with these.
  • These five companies are the subordinate companies of Iran’s Shahid Bakri Industrial Group, which are related to the development of Iran’s ballistic missiles.

Reference:
https://www.rferl.org/a/iran-sanctions-ballistic-missile-program-mnichkin-u-s/28955437.html
http://www.business-standard.com/article/pti-stories/us-imposes-sanctions-on-iranian-missile-firms-118010500053_1.html