Blocking Property of Certain Persons With Respect to the Conventional Arms Activities of Iran
Executive Order 2020-21160
|Signed on September 22, 2020
45th Presidency
What it means
This order blocks property and assets of anyone involved in supplying, selling, or transferring arms to or from Iran. It also bans entry into the US for these individuals. The sanctions target those providing Iran with weapons, technical training, or financial support for arms-related activities.
Expected impact
- Strengthens US economic pressure on Iran by targeting its conventional weapons program and arms trade
- Limits Iran's ability to acquire and distribute weapons that could fuel regional conflicts
- Discourages international companies and individuals from engaging in arms-related business with Iran
- May increase tensions between the US and Iran, potentially affecting diplomatic relations and regional stability
- Creates additional compliance requirements for international businesses to avoid sanctions exposure