Friday, April 24, 2026

US Treasury Sanctions Istanbul Textile Manufacturer Over Alleged Iranian Missile Links

 

US Treasury Sanctions Istanbul Textile Manufacturer Over Alleged Iranian Missile Links

The United States Treasury Department has imposed sanctions on Emti Fiber Textile Import Export Trade Limited Company, an Istanbul-based firm. The manufacturer is accused of executing hundreds of shipments of cotton linters—a key material utilized in the production of nitrocellulose for solid-fuel rocket motors—to an Iranian company, Pardisan Rezvan Shargh. Washington alleges that these materials indirectly support the ballistic missile programs managed by the Iranian government. Consequently, the Turkish firm's assets under U.S. jurisdiction have been frozen, cutting it off from the American financial system.

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