Companies now listed under the designation include: Mehr Eqtesad Bank, Bank Mellat, Mehr Eqtesad Iranian Investment Co., Tadbirgaran Atiyeh Investment Co., Negin Sahel Royal Co., and Technotar Engineering Co.

"This vast network provides financial infrastructure to the Basij’s efforts to recruit, train, and indoctrinate child soldiers who are coerced into combat under the IRGC’s direction,” said Treasury Secretary Steven Mnuchin. As a result of the action, all property and interests in property of these entities that are in the U.S. or in the possession or control of U.S. persons must be blocked and reported to the Treasury Department's Office of Foreign Assets Control.
The United States Treasury Department announces new sanctions on 22 Iranian corporations and banks.