US Imposes New Sanctions on Iran Ballistic Missile Program

Written by  Published by:Shiite News
Published in Iran
Monday, 18 January 2016


The United States announced on Sunday it has imposed new sanctions on Iran for its ballistic missile program.

The US Department of the Treasury said in a statement that five Iranian citizens and a network of companies based in the United Arab Emirates and China were added to a US blacklist.

The network "obfuscated the end user of sensitive goods for missile proliferation by using front companies in third countries to deceive foreign suppliers," the statement said, adding that the five people had "worked to procure ballistic missile components for Iran."

"Iran's ballistic missile program poses a significant threat to regional and global security, and it will continue to be subject to international sanctions,” said Adam J. Szubin, acting under secretary for terrorism and financial intelligence.

On October 11, Iran’s Islamic Revolution Guards Corps (IRGC) successfully test-fired its first guided ballistic missile dubbed Emad.

Washington slammed the test, claiming the projectile is capable of carrying a nuclear warhead. It vowed to respond with more sanctions.

Iranian Defense Minister Brigadier General Hossein Dehqan said the Emad missile was a conventional weapon.

Sunday’s announcement comes a day after US President Barack Obama signed an executive order lifting US economic sanctions on Iran.

Earlier, the International Atomic Energy Agency (IAEA) verified that Iran has implemented its commitments made in the Joint Comprehensive Plan of Action (JCPOA), and announced to remove international economic sanctions against the country.

Iran and the P5+1 - the United States, France, Britain, Russia, China and Germany - finalized the text of the JCPOA in Vienna, Austria, on July 14, 2015.

Under the agreement, limits are put on Iran’s nuclear activities in exchange for, among other things, the removal of all nuclear-related economic and financial bans against the Islamic Republic.

Rating: 5 Read 592 times

Leave a comment

Shia Genocide Report 2016

Shia Genocide Report 2016 - Shia Killing in Pakistan 2016

Fall of ISIS in Aleppo

Halab Syria - News

Featured Video

Like our Facebook

Dailymotion

Connet With Us

Largest Portal of Shia News from allover the World | Pakistan News - Iran News - Resistance News - Saudi Arabia News

 

Contact Us

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: http://www.shiitenews.org

JoomShaper