Executive Order 13949: Iran Conventional Arms Activities Sanctions
On September 21, 2020, President Trump signed Executive Order 13949, which blocked property and assets of persons determined to be involved in Iran's conventional arms activities. The order authorizes the Treasury Department to identify and sanction individuals and entities involved in Iranian arms sales and transfers. The direct effect on Americans includes restrictions on U.S. persons conducting financial transactions with designated entities and potential impacts on companies engaged in trade involving sanctioned Iranian arms actors.