The network allegedly facilitated the transfer of materials, including sodium perchlorate and dioctyl sebacate, from China to Iran, substances used in the production of ballistic missile engines, according to a Treasury statement.
The measures were taken under Executive Order 13382, which targets proliferators of weapons of mass destruction and their supporters.
Under the sanctions, all assets of the designated individuals and entities within US jurisdiction are frozen, and US persons are generally prohibited from engaging in transactions with them without a specific license.
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