Determination Regarding Automotive and Rail Sectors of the Iranian Economy Under Executive Order 13902

DEPARTMENT OF THE TREASURY
WASHINGTON, D.C.
DETERMINATION PURSUANT TO SECTION 1(a)(i) OF
EXECUTIVE ORDER 13902
Automotive and Rail Sectors of the Iranian Economy
Section 1(a)(i) of Executive Order (E.O.) 13902 of January 10, 2020 (“Imposing Sanctions With
Respect to Additional Sectors of Iran”) imposes economic sanctions on any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, to operate in such sectors of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State. To further address the unusual and extraordinary threat to the national security, foreign policy, and economy of the United States described in E.O. 13902, and in consultation with the Department of State and pursuant to 31 CFR § 560.802, I hereby determine that section 1(a)(i) of E.O. 13902 shall apply to the automotive and rail sectors of the Iranian economy. Any person determined to operate in these sectors shall be subject to sanctions pursuant to section 1(a)(i). This determination shall take effect on October 1, 2026. ___________________________ Bradley T. Smith Director Office of Foreign Assets Control