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This should shake things up with anyone who’s doing business with Iran.
Washington Post
Tuesday, August 14, 2007; 9:14 PM
The United States has decided to designate Iran’s Revolutionary Guard Corps, the country’s 125,000-strong military branch, as a “specially designated global terrorist,” according to U.S. officials, a move that allows Washington to target the group’s business operations and finances.
The Bush administration has chosen to move against the Revolutionary Guard Corps because of what U.S. officials describe as the group’s growing involvement in Iraq and Afghanistan as well as its support for extremists throughout the Middle East, the sources said. The decision follows congressional pressure on the administration to toughen its stance against Tehran as well as U.S. frustration with the ineffectiveness of U.N. resolutions against Iran’s nuclear program, officials said.
The designation of the Revolutionary Guards will be made under Executive Order 13224, which President Bush signed two weeks after the Sept. 11, 2001, attacks to obstruct terrorist funding. It identifies individuals, businesses, charities and many extremist groups engaged in terrorist activities. The Revolutionary Guards would be the first national military branch included on the list, U.S. officials said — a highly unusual move because it is part of a government, rather than a typical non-state terrorist organization.
The order allows the United States to block the assets of terrorists and to disrupt operations by foreign businesses that “provide support, services or assistance to, or otherwise associate with, terrorists.”
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