[Federal Register Volume 75, Number 154 (Wednesday, August 11, 2010)]
[Rules and Regulations]
[Pages 48562-48564]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-19781]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 560
Iranian Transactions Regulations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (``OFAC'') is publishing the names of 21 persons it has
determined to be the Government of Iran, as that term is defined in the
Iranian Transactions Regulations. The names of these persons will be
added, at a future date, to Appendix A to Part 560 in the Code of
Federal Regulations.
DATES: The determination by the Director of OFAC with respect to these
21 persons is effective on August 3, 2010.
FOR FURTHER INFORMATION CONTACT: Assistant Director for Compliance,
Outreach & Implementation, Office of Foreign Assets Control, Department
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional information concerning OFAC are
available from OFAC's Web site (http://www.treas.gov/ofac). Certain
general information pertaining to OFAC's sanctions programs also is
available via facsimile through a 24-hour fax-on-demand service, tel.:
202/622-0077.
Background
The Iranian Transactions Regulations, 31 CFR part 560 (the
``ITR''), implement a series of Executive orders that began with
Executive Order 12613, which was issued on October 29, 1987, pursuant
to authorities including the International Security and Development
Cooperation Act of 1985 (22 U.S.C. 2349aa-9). In that Order, after
finding, inter alia, that the Government of Iran was actively
supporting terrorism as an instrument of state policy, the President
prohibited the importation of Iranian-origin goods and services.
Subsequently, in Executive Order 12957, issued on March 15, 1995, under
the authority of, inter alia, the International Emergency Economic
Powers Act (50 U.S.C. 1701-1706) (``IEEPA''), the President declared a
national emergency with respect to the actions and policies of the
Government of Iran, including its support for international terrorism,
its efforts to undermine the Middle East peace process, and its efforts
to acquire weapons of mass destruction and the means to deliver them.
To deal with that threat, Executive Order 12957 imposed prohibitions on
certain transactions with respect to the development of Iranian
petroleum resources. On May 6, 1995, to further respond to this threat,
the President issued Executive Order 12959, which imposed comprehensive
trade and financial sanctions on Iran. Finally, on August 19, 1997, the
President issued Executive Order 13059 consolidating and clarifying the
previous orders.
The ITR implement these Executive orders and prohibit various
transactions, including, among others, transactions with the Government
of Iran, a term defined in section 560.304. That definition includes:
(a) The state and the Government of Iran, as well as any political
subdivision, agency, or instrumentality thereof;
(b) Any entity owned or controlled directly or indirectly by the
foregoing; and
(c) Any person to the extent that such person is, or has been, or
to the extent that there is reasonable cause to believe that such
person is, or has been, * * * acting or purporting to act directly or
indirectly on behalf of any of the foregoing * * *.
The phrase entity owned or controlled by the Government of Iran is
itself defined in section 560.313 of the ITR. OFAC today is publishing
the names of 21 persons it has determined to be the Government of Iran.
The names of these persons will be added to Appendix A to Part 560 at a
later date.
It is important to note that Appendix A to Part 560 is not a
comprehensive list of persons falling within the definition of
Government of Iran. Even if a person is not listed in Appendix A to
Part 560 or has not otherwise been specifically determined by OFAC to
be the Government of Iran, if the person satisfies the definition of
the term Government of Iran in the ITR, U.S. persons and others
engaging in transactions subject to the ITR are prohibited from
engaging in transactions with that person, regardless of its location,
to the same extent they are prohibited from engaging in transactions
with the persons listed in Appendix A to Part 560 or that have
otherwise been specifically determined by OFAC to be the Government of
Iran. U.S. persons and others engaging in transactions subject to the
ITR also are prohibited from engaging in most transactions with any
person located in Iran, even if that person does not come within the
[[Page 48563]]
definition of the term Government of Iran. Finally, a person listed in
Appendix A to Part 560 or otherwise specifically determined by OFAC to
be the Government of Iran also may be subject to other sanctions
programs administered by OFAC, in which case that person's name would
also appear in the list at Appendix A to 31 CFR chapter V or on OFAC's
Specially Designated Nationals and Blocked Persons List (``SDN'' list),
available on OFAC's Web site. Such a person is identified in Appendix A
to Part 560, Appendix A to 31 CFR chapter V, or the SDN list by
references (``tags''), located at the end of the person's listing, to
the sanctions program(s) to which the person is subject (e.g., [IRAN]
[NPWMD] or [IRAN] [SDGT]).
OFAC has determined the following persons to be the Government of
Iran:
Entities
1. ASCOTEC HOLDING GMBH (f.k.a. AHWAZ STEEL COMMERCIAL & TECHNICAL
SERVICE GMBH ASCOTEC; f.k.a. AHWAZ STEEL COMMERCIAL AND TECHNICAL
SERVICE GMBH ASCOTEC; a.k.a. ASCOTEC GMBH), Tersteegen Strasse 10,
Dusseldorf 40474, Germany; Registration ID HRB 26136 (Germany); all
offices worldwide [IRAN]
2. ASCOTEC JAPAN K.K., 8th Floor, Shiba East Building, 2-3-9 Shiba,
Minato-ku, Tokyo 105-0014, Japan; all offices worldwide [IRAN]
3. ASCOTEC MINERAL & MACHINERY GMBH (a.k.a. ASCOTEC MINERAL AND
MACHINERY GMBH; f.k.a. BREYELLER KALTBAND GMBH), Tersteegenstr. 10,
Dusseldorf 40474, Germany; Registration ID HRB 55668 (Germany); all
offices worldwide [IRAN]
4. ASCOTEC SCIENCE & TECHNOLOGY GMBH (a.k.a. ASCOTEC SCIENCE AND
TECHNOLOGY GMBH), Tersteegenstrasse 10, Dusseldorf D 40474, Germany;
Registration ID HRB 58745 (Germany); all offices worldwide [IRAN]
5. ASCOTEC STEEL TRADING GMBH (a.k.a. ASCOTEC STEEL),
Tersteegenstr. 10, Dusseldorf 40474, Germany; Georg-Glock-Str. 3,
Dusseldorf 40474, Germany; Registration ID HRB 48319 (Germany); all
offices worldwide [IRAN]
6. BANK TORGOVOY KAPITAL ZAO (a.k.a. TC BANK; a.k.a. TK BANK;
a.k.a. TK BANK ZAO; a.k.a. TORGOVY KAPITAL (TK BANK); a.k.a. TRADE
CAPITAL BANK; a.k.a. TRADE CAPITAL BANK (TC BANK); a.k.a. ZAO BANK
TORGOVY KAPITAL), 3 Kozlova Street, Minsk 220005, Belarus; Registration
ID 30 (Belarus); all offices worldwide [IRAN]
7. BREYELLER STAHL TECHNOLOGY GMBH & CO. KG (a.k.a. BREYELLER STAHL
TECHNOLOGY GMBH AND CO. KG; f.k.a. ROETZEL-STAHL GMBH & CO. KG; f.k.a.
ROETZEL-STAHL GMBH AND CO. KG), Josefstrasse 82, Nettetal 41334,
Germany; Registration ID HRA 4528 (Germany); all offices worldwide
[IRAN]
8. EXPORT DEVELOPMENT BANK OF IRAN (a.k.a. BANK TOSEH SADERAT IRAN;
a.k.a. BANK TOWSEEH SADERAT IRAN; a.k.a. BANK TOWSEH SADERAT IRAN;
a.k.a. EDBI), Export Development Building, Next to the 15th Alley,
Bokharest Street, Argentina Square, Tehran, Iran; Tose'e Tower, Corner
of 15th St., Ahmed Qasir Ave., Argentine Square, Tehran, Iran; No. 129,
21's Khaled Eslamboli, No. 1 Building, Tehran, Iran; No. 26, Tosee
Tower, Arzhantine Square, P.O. Box 15875-5964, Tehran 15139, Iran; No.
4, Gandi Ave., Tehran 1516747913, Iran; Registration ID 86936 (Iran)
issued 10 Jul 1991; all offices worldwide [IRAN] [NPWMD]
9. IFIC HOLDING AG (a.k.a. IHAG), Koenigsallee 60 D, Dusseldorf
40212, Germany; Registration ID HRB 48032 (Germany); all offices
worldwide [IRAN]
10. IHAG TRADING GMBH, Koenigsallee 60 D, Dusseldorf 40212,
Germany; Registration ID HRB 37918 (Germany); all offices worldwide
[IRAN]
11. INDUSTRIAL DEVELOPMENT AND RENOVATION ORGANIZATION OF IRAN
(a.k.a. IDRO; a.k.a. IRAN DEVELOPMENT & RENOVATION ORGANIZATION
COMPANY; a.k.a. IRAN DEVELOPMENT AND RENOVATION ORGANIZATION COMPANY;
a.k.a. SAWZEMANE GOSTARESH VA NOWSAZI SANAYE IRAN), Vali Asr Building,
Jam e Jam Street, Vali Asr Avenue, Tehran 15815-3377, Iran; all offices
worldwide [IRAN]
12. IRAN FOREIGN INVESTMENT COMPANY (a.k.a. IFIC), No. 4, Saba
Blvd., Africa Blvd., Tehran 19177, Iran; P.O. Box 19395-6947, Tehran,
Iran; all offices worldwide [IRAN]
13. IRANIAN MINES AND MINING INDUSTRIES DEVELOPMENT AND RENOVATION
ORGANIZATION (a.k.a. IMIDRO; a.k.a. IRAN MINING INDUSTRIES DEVELOPMENT
AND RENOVATION ORGANIZATION; a.k.a. IRANIAN MINES AND MINERAL
INDUSTRIES DEVELOPMENT AND RENOVATION), No. 39, Sepahbod Gharani
Avenue, Ferdousi Square, Tehran, Iran; all offices worldwide [IRAN]
14. IRASCO S.R.L. (a.k.a. IRASCO ITALY), Via Di Francia 3, Genoa
16149, Italy; Registration ID GE 348075 (Italy); all offices worldwide
[IRAN]
15. MACHINE SAZI ARAK CO. LTD. (a.k.a. MACHINE SAZI ARAK COMPANY P
J S C; a.k.a. MACHINE SAZI ARAK SSA; a.k.a. MASHIN SAZI ARAK; a.k.a.
``MSA''), Arak, Km 4 Tehran Road, Arak, Markazi Province, Iran; No. 1,
Northern Kargar Street, Tehran 14136, Iran; P.O. Box 148, Arak 351138,
Iran; all offices worldwide [IRAN]
16. MAHAB GHODSS CONSULTING ENGINEERING COMPANY (a.k.a. MAHAB
GHODSS CONSULTING ENGINEERING CO.; a.k.a. MAHAB GHODSS CONSULTING
ENGINEERS SSK; a.k.a. MAHAB QODS ENGINEERING CONSULTING CO.), 16
Takharestan Alley, Dastgerdy Avenue, P.O. Box 19395-6875, Tehran 19187
81185, Iran; No. 17, Dastgerdy Avenue, Takharestan Alley, 19395-6875,
Tehran 1918781185, Iran; Registration ID 48962 (Iran) issued 1983; all
offices worldwide [IRAN]
17. METAL & MINERAL TRADE S.A.R.L. (a.k.a. METAL & MINERAL TRADE
(MMT); a.k.a. METAL AND MINERAL TRADE (MMT); a.k.a. METAL AND MINERAL
TRADE S.A.R.L.; a.k.a. MMT LUXEMBURG; a.k.a. MMT SARL), 11b, Boulevard
Joseph II L-1840, Luxembourg; Registration ID B 59411 (Luxembourg); all
offices worldwide [IRAN]
18. MINES AND METALS ENGINEERING GMBH (M.M.E.), Georg-Glock-Str. 3,
Dusseldorf 40474, Germany; Registration ID HRB 34095 (Germany); all
offices worldwide [IRAN]
19. ONERBANK ZAO (a.k.a. EFTEKHAR BANK; a.k.a. HONOR BANK; a.k.a.
HONORBANK; a.k.a. HONORBANK ZAO; a.k.a. ONER BANK; a.k.a. ONERBANK;
a.k.a. ONER-BANK), Ulitsa Klary Tsetkin 51, Minsk 220004, Belarus;
Registration ID 807000227 (Belarus) issued 16 Oct 2009; SWIFT/BIC
HNRBBY2X (Belarus); all offices worldwide [IRAN]
20. SINA BANK (f.k.a. BFCC; f.k.a. BONYAD FINANCE AND CREDIT
COMPANY; f.k.a. SINA FINANCE AND CREDIT COMPANY), 187 Motahhari Avenue,
P.O. Box 1587998411, Tehran, Iran; Kish Financial Center, Sahel, Kish
Island, Iran; SWIFT/BIC SINAIRTH (Iran); alt. SWIFT/BIC SINAIRTH418
(Iran); all offices worldwide [IRAN]
21. WEST SUN TRADE GMBH (a.k.a. WEST SUN TRADE), Winterhuder Weg 8,
Hamburg 22085, Germany; Arak Machine Mfg. Bldg., 2nd Floor, opp. of
College Economy, Northern Kargar Ave., Tehran 14136, Iran; Mundsburger
Damm 16, Hamburg 22087, Germany; Registration ID HRB 45757 (Germany);
all offices worldwide [IRAN]
[[Page 48564]]
Dated: August 3, 2010.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2010-19781 Filed 8-10-10; 8:45 am]
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