The Department of Finance announced on July 30 that the overseas asset control office has imposed sanctions on several entities and individuals in China, India, Russia and Iran for providing commercial, logistics or sales support for Iran Mahan Air, which is subject to U.S. and EU sanctions. The Department of Finance also said that Mahan Air has long facilitated activities related to the Islamic Revolutionary Guard in Iran. China’s Department of Finance that Dongguan is also the executive director and 50% owner of Shanghai Elite International Travel Co, which also represents Mahan Air in China, and coordinates the transport of electronic products from China to Iran. The Department of Finance also said that Dongguan is the director-general of the company and coordinates travel affairs related to Iran Mahan Air. The Elite Company that Dongguan is also the executive director of Shanghai Elite International Travel Co in the

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