BIS ADDS THREE PARTIES TO TEMPORARY DENIAL ORDER AGAINST IRANIAN AIRLINE

WASHINGTON –The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) today announced that it has added Mahan Air General Trading of the United Arab Emirates, as well as Skyco (UK) Ltd. and Equipco (UK) Ltd. of the United Kingdom, to a Temporary Denial Order (TDO) issued to halt the illegal transfer and operation of aircraft subject to BIS regulation by Mahan Air of Iran.

The Order, published in the Federal Register today, expands the TDO to include three additional parties, all related to Mahan Air. Under the Order these three parties may not participate in or benefit from any transaction subject to the Export Administration Regulations EAR while the TDO remains in effect. It is also a violation of the EAR for any person to participate in a transaction subject to the EAR involving a Denied Person, including any of these three related persons, while the TDO is in effect.

On October 12, 2011, the U.S. Department of the Treasury designated Mahan Air as a Specially Designated Global Terrorist pursuant to Executive Order (E.O.) 13224 for providing financial, material and technological support to Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).

Temporary Denial Orders are issued by the Assistant Secretary for Export Enforcement, denying any or (typically) all of the export privileges of a company or individual to prevent an imminent or on-going export control violation. These orders are issued for a renewable 180-day period and cut off not only the right to export from the United States, but also the right to receive or participate in exports from the United States.

BIS controls exports and reexports of dual-use commodities, technology, and software for reasons of national security, missile technology, nuclear non-proliferation, chemical and biological weapons non-proliferation, crime control, regional stability, foreign policy and anti-terrorism. Criminal penalties and administrative sanctions can be imposed for violations of the Export Administration Regulations. For more information, please visit www.bis.doc.gov.