Export Compliance Daily is a Warren News publication.

OFAC Sanctions Mahan Air Sales Agent

The Treasury’s Office of Foreign Assets Control sanctioned China-based Shanghai Saint Logistics Limited for acting as a general sales agent for Mahan Air (see 1912050032), the U.S.-designated Iranian airline, according to a May 19 press release. The designation of Shanghai…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

Saint Logistics is the seventh designation of a general sales agent to Mahan Air since 2018, OFAC said. The company provides freight booking and other services for Mahan Air flights. “We will not hesitate to target those entities that continue to maintain commercial relationships with Mahan Air,” Treasury Secretary Steven Mnuchin said in a statement.