U.S. Sanctions Russian Payment Network A7 Linked to Iran's Sanctions Evasion
The U.S. Department of the Treasury imposed sanctions on the Russian payment network A7 as part of the Economic Outcast operation. The network is alleged to assist Iran and other actors in circumventing sanctions and transferring funds. The sanctions also targeted Iran's automotive and railway sectors.
Timelines
Sources
The United States intensified sanctions against Iran. The U.S. Department of the Treasury, on Thursday as part of the Economic Outcast operation, also targeted the payment network A7. This network is linked to Russia and, according to the ministry, helps Iran and other actors circumvent sanctions and transfer funds. The agency also imposed sanctions on Iran's automotive and railway sectors and on other companies connected to the local industry.