Canada reinstates sanctions against 11 Iranian entities over nuclear and missile programs

OTTAWA — Canada has reinstated sanctions against 11 Iranian organizations accused of supporting Tehran’s nuclear activities, ballistic missile program or associated financial networks.

Foreign Affairs Minister Anita Anand announced the measures on November 10 during a meeting of G7 foreign ministers in Paris.

The targeted organizations include major Iranian financial institutions, energy companies and nuclear-related entities, among them Bank Melli Iran, Bank Mellat, the National Iranian Oil Company and the National Iranian Tanker Company.

Canada had removed the organizations from its sanctions list in 2016 following the implementation of the international nuclear agreement negotiated with Iran the previous year.

Ottawa says Iran’s subsequent failures to cooperate fully with the International Atomic Energy Agency and its continued nuclear activities justify the reimposition of restrictions.

The measures prohibit specified financial and property transactions involving the designated entities, restricting their access to Canadian financial systems and sensitive technologies.

Anand reiterated Canada’s position that Iran must not acquire nuclear weapons and called for renewed international negotiations supported by effective verification.

The announcement forms part of broader efforts by Canada and its international partners to increase pressure on Tehran over its nuclear program and regional security activities.