US to End Iranian Sanctions Waivers, Sanctions Iranian Officials
The Trump administration is ending sanctions waivers for certain activities with nuclear projects in Iran, the State Department said May 27. The move will end waivers covering “all remaining” Iranian nuclear projects that originated under the Joint Comprehensive Plan of Action, which allowed Chinese, Russian and European companies to work on Iranian nuclear sites.
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Companies operating on the sites will have a 60-day wind-down period to cease activities, the Treasury Department's Office of Foreign Assets Control said in a May 27 guidance. The wind-down period, which ends July 27, authorizes activities with the Arak reactor modernization redesign, the “transfer into Iran of enriched uranium” for the Tehran Research Reactor, and the “transfer out of Iran of certain nuclear fuel scrap and of spent research reactor fuel,” OFAC said. The State Department also said it is providing a 90-day extension for the waiver covering “ongoing international support to the Bushehr Nuclear Power Plant Unit 1 to ensure safety of operations.”
The State and Treasury departments also announced sanctions on Amjad Sazgar, managing director of the Atomic Energy Organization of Iran entity that oversees the industrial-scale production of uranium enrichment gas centrifuge machines, and Majid Agha’i, a manager of a subsidiary of the AEOI responsible for research and development of advanced centrifuges. Both have been involved in weapons proliferation, the State Department said.