Tag Archives | Iran Aviation Industries Organization

New US Sanctions on Iran: Full Details

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 14 individuals and entities in connection with serious human rights abuses and censorship in Iran, and support to designated Iranian weapons proliferators. “The United States will not stand by while the Iranian regime continues to engage in human rights abuses and injustice.  […]

Iran to Spend $21bn on Russian Equipment

Iran has reportedly signed contracts worth $21 billion to buy satellite equipment and aircraft from Russia. According to a report from Reuters, Manouchehr Manteghi, the managing director of Iran Aviation Industries Organization, said in an interview with Russian agency Sputnik that the contracts had been signed at the MAKS-2015 air show in Russia last month. […]