“The Secretary of State, pursuant to authority delegated by Presidential Memorandum of June 3, 2013, (‘IFCA Delegation Memorandum’), has determined that Pamchel Trading Beijing Co. Ltd., Global Industrial and Engineering Supply Ltd., Kaifeng Pingmei New Carbon Materials Technology Co., Ltd, Hafez Darya Arya Shipping Company, Jiangyin Mascot Special Steel Co., Ltd, Iran Transfo Company, Zangan Distribution Transformer Company, Accenture Building Materials, Safiran Payam Darya Shipping Company (SAPID), Islamic Republic of Iran Shipping Lines (IRISL), Mobarakeh Steel Company have engaged in sanctionable activity described in the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA), and that certain sanctions are imposed as a result. The Secretary of State also determined that, for the purposes of Sections 6(a)(10) and (11), of the Iran Sanctions Act of 1996 (ISA), Majid Sajdeh is a principal executive officer or person performing similar functions and with similar authorities of Hafez Darya Arya Shipping Company, that Mohammad Reza Modarres Khiabani is a principal executive officer, or person performing similar functions and with similar authorities, of IRISL, and that Hamidreza Azimian is a principal executive officer, or person performing similar functions and with similar authorities, of Mobarakeh Steel Company, and that certain sanctions are imposed as a result. ”

86 FR 13958-13959
Published 03-11-2021