Grandeur General Trading


"The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated entities and individuals for supporting Iran’s ballistic missile program and U.S.-designated Iranian airline Mahan Air...Grandeur General Trading FZE and HSI Trading FZE are being designated pursuant to E.O. 13224 for providing financial, material, or technological support for, or financial or other services to or in support of, Mahan Air. Since early 2011, Grandeur General Trading FZE has acted as a representative in maintenance agreements, negotiated the purchase of aircraft, and made a payment on behalf of Mahan Air." (U.S. Department of the Treasury, "Treasury Sanctions Supporters of Iran's Ballistic Missile Program and Terrorism Designated Mahan Air." 3/24/2016)