Canada Re-imposes Sanctions on 11 Iranian Companies
The Canadian Foreign Ministry announced new sanctions targeting Iranian entities, aiming to disrupt financial networks supporting Tehran's nuclear program.
The Canadian Ministry of Foreign Affairs announced the re-imposition of economic sanctions on 11 Iranian companies during the G7 meetings held in Paris, France.
The new list of sanctions includes the National Iranian Oil Company, as well as Mellat Bank and Melli Bank. These entities had previously been subject to sanctions that Ottawa lifted in 2016.
The ministry stated that these measures are designed to disrupt the financial networks that provide support to Iran's nuclear program.
Canadian Foreign Minister Anita Anand emphasized her country's firm rejection of Iran acquiring nuclear weapons, reiterating Canada's commitment to applying necessary economic pressure.