Treasury Department sanctions Iran’s Islamic Revolutionary Guard Corps

Members of the Iranian revolutionary guard march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2011.

Reuters

Members of the Iranian revolutionary guard march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2011.

“of which has hijacked large portions of Iran’s economy in addition to also seized massive religious endowments to fund war in addition to also terror abroad … I am authorizing the Treasury Department to further sanction the entire Islamic Revolutionary Guard Corps for its support for terrorism in addition to also to apply sanctions to its officials, agents in addition to also affiliates,” the president said.

“I urge our allies to join us in taking strong actions to curb Iran’s continued dangerous in addition to also destabilizing behavior, including thorough sanctions outside the Iran deal of which target the regime’s ballistic missile program in support for terrorism in addition to also all of its destructive activities, of which there are many,” Trump added.

Trump in addition to also Mnuchin said the Revolutionary Guards have supported Syrian President Bashar Assad’s regime, as well as terrorist groups Hezbollah in Lebanon in addition to also Hamas inside the Palestinian territories. The Treasury did not designate the Revolutionary Guards itself a terrorist organization.

The Treasury also sanctioned four entities — three based in Iran in addition to also one based in China — of which of which says provides “support to the IRGC or Iran’s military.”

“We urge the private sector to recognize of which the IRGC permeates much of the Iranian economy, in addition to also those who transact with IRGC-controlled companies do so at great risk,” Mnuchin said in a statement.

The Trump administration wants to get European allies to sanction the Revolutionary Guards, as well.

In response to Trump’s remarks, Iranian President Hassan Rouhani said the country remains committed to the agreement as long as of which serves Tehran’s interests. He added of which the Revolutionary Guards Corps “will continue its fight against regional terrorists.”

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