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U.S. Treasury Targets Businesses Linked To Iran

The U.S. Treasury Department has announced new actions against companies and individuals in Europe and the Middle East that have been doing business with Iran in defiance of international sanctions.

Those affected by the February 6 decision are alleged to have played "key roles in supporting Iran's nuclear program and active support for terrorism."

The Treasury Department said the actions target entities and individuals located across the world, operating in Turkey, Spain, Germany, Georgia, Afghanistan, Iran, the United Arab Emirates, and Liechtenstein.

The announcement marks the second time Washington has acted against those who are evading sanctions on Iran since an international deal was reached with Tehran in November.

Iran has pledged to curb its nuclear development activities and allow inspections of its nuclear facilities in return for an easing of sanctions.

Based on reporting by Reuters and RFE/RL