US Issues Sanctions Related to Iran and Venezuela Weapons Trade
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by Reuters and Algemeiner Staff

A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, Jan. 20, 2023. Photo: REUTERS/Kevin Lamarque
The US Treasury said on Tuesday it has added 10 individuals and entities based in Iran and Venezuela to its sanctions list, citing their aggressive weapons program.
The US Treasury has designated Venezuela-based Empresa Aeronautica Nacional SA and its chair, Jose Jesus Urdaneta Gonzalez, who it said have contributed to Iran‘s trade of unmanned aerial vehicle (UAV), or drones, with Venezuela.
“Urdaneta, on behalf of EANSA, has coordinated with members and representatives of the Venezuelan and Iranian armed forces on the production of UAVs in Venezuela,” Treasury said in a statement.
“We will continue to take swift action to deprive those who enable Iran’s military-industrial complex access to the US financial system,” said John Hurley, the department’s undersecretary for terrorism and financial intelligence.
The US has ramped up pressure on Venezuela in recent months, executing a large-scale military buildup in the southern Caribbean. It has also sanctioned family members and associates of Venezuelan President Nicolas Maduro and his wife.
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