Also Known As:
DICO
Doostan International Co.
Weapon Program:
- Missile
Address:
1 Apt. 6, 2nd Floor No. 14, Fajr St., Ostad Motahari Avenue, Tehran, Iran
Phone:
+98 21 8883 9422
Fax:
+98-21-8830 5796
Entity Web Site:
www.dico.ir
Supplies Iran's ballistic missile program; maintains a bank account with Bank Mellat; in 2007, reportedly sent payments to Shanghai Technical By-Products International (STBPI) through Bank Mellat.
Managing director is Mahzad Shabani; company officials include Mehran Rezaei, who is also affiliated with Diamond Asia International.
Sanctions
Designated by the U.N. Security Council on June 9, 2010, pursuant to resolution 1737 (2006), as an entity involved in Iran's proliferation-sensitive nuclear activities or development of nuclear weapon delivery systems; subsequently designated by U.N. Security Council resolution 2231 (2015); removed from the U.N. list on October 18, 2023, following the expiration of targeted sanctions contained in resolution 2231.
Listed by the European Union on June 18, 2010, as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; with some exceptions, E.U. member states must freeze assets owned or controlled by the entity, directly or indirectly, and prevent assets from being made available to it.
Added on December 21, 2012, to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction and their delivery systems; also subject to the Iranian Financial Sanctions Regulations; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.
Sanctioned by the governments of Australia and Canada, restricting business and financial transactions with the entity and/or freezing its assets in those countries.
Listed by the Japanese government in 2022 as an entity of concern for proliferation relating to missiles.
Listed by the British government in 2015 as an entity of potential concern for WMD-related procurement, but removed in 2017 after the U.K. withdrew its Iran list.