Info:
Develops and manufactures surface-to-air missile systems for Iran’s military; procures items from North Korea, Russia, and Belarus and maintains military, missile, and air defense projects;
Oversees M. Babaie Industries;
Also Known As:
SAKIG
Air Defense Missile Industries Group
Shahid Ahmad Kazemi Industries Group
Involved In:
Missile Weapon Program
Country:
Iran
Address:
Pasdaran Avenue, Tehran, Iran
Reason for the color:
» Added On Consolidated List of Financial Sanctions Targets in the UK;
» Listed by the British government in 2010 as an entity of potential concern for WMD-related procurement;
» Listed by the European Union on July 26, 2010 as an entity linked to Iran’s proliferation-sensitive nuclear activities or Iran’s development of nuclear weapon delivery systems; with some exceptions, European Union member states must freeze all funds and economic resources owned, held or controlled by the listed entity, and prevent funds or economic resources from being made available to it;
» Added to OFAC’s SDN List on 01/13/2011;
» The U.S. Department of the Treasury on 01/13/2011 designated Shahid Ahmad Kazemi Industrial Group, Pursuant to E.O. 13382 – which is aimed at freezing the assets of proliferators of weapons of mass destruction and their supporters, thereby isolating them from the U.S. financial and commercial systems;