U.S. President Donald Trump's administration is extending sanctions relief for Iran that was granted under the 2015 nuclear agreement, while imposing new economic penalties over Iranian ballistic-missile activity.

While the waiver on the nuclear-related sanctions was renewed, the U.S. Treasury imposed new measures to punish two Iranian defense officials, an Iranian company and members of a China-based network for supporting Iran's ballistic-missile program.

The Iranian officials sanctioned on May 17 are Morteza Farasatpour and Rahim Ahmadi.

Farasatpour coordinated the sale and delivery of explosives and other materiel to a Syrian government agency, the Treasury Department said.

Ahmadi is the director of Iran's Shahid Bakeri Industries Group, which is responsible for Iran's solid-fuel ballistic-missile program, the Treasury statement said. 

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