Finance Ministry presents three new investor facilitation packages to PM to boost investment climate    Egypt, Bahrain explore deeper cooperation on water resource management    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt expands medical, humanitarian support for Gaza patients    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    African trade ministers meet in Cairo to push forward with AfCFTA    Egypt's President, Pakistan's PM condemn Israeli attack on Qatar    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Madrid trade talks focus on TikTok as US and China seek agreement    Egypt wins Aga Khan Award for Architecture for Esna revival project    Egypt's gold prices hold steady on Sep. 15th    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



US hits Iranian transport firms with sanctions, hopes for more prisoner swaps
Published in Ahram Online on 11 - 12 - 2019

The Trump administration on Wednesday hit Iran with new sanctions that target several transportation firms as it continues its ``maximum pressure campaign`` against the Islamic Republic over its nuclear and ballistic missile programs.
The sanctions target Iran's state shipping line and a China-based company that has been involved in delivering missile parts to Iran.
They also add a layer of new penalties to a previously sanctioned Iranian airline, Mahan Air, which is accused of sending weapons to Iranian proxies in Lebanon and Yemen, and three of its sales agents.
The moves were announced by the Treasury and the State Department and will subject foreign firms and governments that do business with the targeted entities to sanctions themselves, including a freeze on any assets they may have in US jurisdictions.
``Today's designations put the world on notice that those who engage in illicit transactions with these companies will risk exposure and sanctions themselves,`` Secretary of State Mike Pompeo said.
Pompeo announced the sanctions even as he expressed hope that a weekend prisoner swap with Iran could lead to a dialogue between Washington and Tehran over prisoners.
He called Saturday's release of Princeton graduate student Xiyue Wang in exchange for an Iranian jailed in the US a ``happier note'' that could yield progress.
``I do hope the exchange that took place will lead to a broader discussion on consular affairs. We are working to use this as an opportunity to continue that effort,`` he said.
``I hope that it portends well. We have had some indication that that may be the case, but I don't want to be overstate that, I don't want to give false optimism about that pathway.''
``If we can find an opening and deliver these people back to their families and back to America we will certainly do that,'' he said.
US authorities say Iran is holding one American national and five dual US-Iranian nationals.
They include Navy veteran Michael White, who is serving a 10-year espionage sentence, as well as environmentalist Morad Tahbaz, an Iranian with US and British citizenship also initially sentenced to 10 years in prison, and Iranian-American father and son Siamak and Baquer Namazi. Former FBI agent Robert Levinson has been missing for 13 years since disappearing in Iran.
Iran says American authorities are holding about 20 Iranian nationals in jail and on Monday said it was ready for more prisoner swaps with the US.


Clic here to read the story from its source.