Measures cover individuals and entities US says are linked to missile programme or sanctioned groups
The US has imposed new sanctions against Iran just two days after the Trump Administration said Iran was on notice due to a ballistic missile test.
The new sanctions cover 25 individuals and entities, some based in the UAE, which the US Treasury Department says are connected to the ballistic missile programme or linked to the Islamic Revolutionary Guards Corps Quds Force.
Individuals and entities affected are not linked to the international sanctions against Irans nuclear programme that were lifted in January 2016 as part of a multi-lateral agreement.
The Trump Administration will no longer tolerate Irans provocations that threaten our interests, National Security Advisor Michael Flynn said.
The days of turning a blind eye to Irans hostile and belligerent actions toward the United States and the world community are over, Flynn said in statement released by the White House.
The Trump Administration said the new sanctions are just the initial steps and that it was undertaking a larger strategic review into its response to Iran.
Agreements following the January 2016 agreement, such as Boeing selling Iran a new fleet of airliners, will be unaffected by the new sanctions, according to US officials.
Tehran responded saying the move was a violation of the nuclear agreement, calling it illegal and extraterritorial.
Expansion of missile capabilities of the country, which is merely for defensive purposes and capable of carrying conventional weapons and will never be used unless for legitimate defense, is indisputable right of the Iranian nation said a statement by the Iranian Foreign Ministry.
Iran said in response it would impose legal constraints against a number of American individuals and entities who it says have had a role in supporting terrorists groups in the Middle East.
It is still unclear what Trump Administrations stance on the nuclear-related sanctions deal will be, but it remains in place despite the new governments more aggressive stance on Iran.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.