US announces to expand sanctions on Iran's metals trade

US Secretary of State Mike Pompeo
US Secretary of State Mike Pompeo said on Thursday that Washington was expanding the scope of Iran metals sanctions to target Iran's nuclear, military or ballistic missile programmes.

Pompeo called the move a "major expansion" of Iran metals-related sanctions administered by the State Department, allowing Washington to blacklist those who knowingly transfer 22 specific materials to Iran that are allegedly used in connection with military programmes.

"Iran's nuclear, ballistic missile, and military programs pose a grave threat to international peace and security," Pompeo said in his statement.

Pompeo also repeated allegations that Iran's Islamic Revolutionary Guard Corps (IRGC) control Iran's construction sector.

As a result, sanctions may still be imposed on those who knowingly transfer certain materials, including graphite or raw or semi-finished metals, to or from Iran to be used in connection with the construction sector, Pompeo said.

The United States has previously targeted Iran's metals sector with sanctions in an effort to slash Iranian revenues.

Tensions between Washington and Tehran have spiked since Trump unilaterally withdrew in 2018 from the Iran nuclear deal struck by his predecessor, Barack Obama, and began reimposing sanctions that had been eased under the accord.



from latest-news - SUCH TV https://ift.tt/3hSAj0z

Comments

Popular posts from this blog

Study in UK with Studyinuk.pk

Tesla pulls games on moving car screens after US safety probe

Sania Mirza to quit tennis this year

Petrol may go up by Rs25, HSD by Rs40

Study in the UK Without IELTS: Your Pathway with Study Icon Murree Consultancy

New on Sports Illustrated: Looking Back at Nick Saban's Impact on LSU

FIA files case against Jahangir Tareen in sugar scam, money laundering

Govt is taking steps to resolve issues faced by Karachi citizens: Asad Umar

Apple unveil one or more new iPhones which use ultrafast 5G wireless technology

PM Imran Khan launches spring tree plantation drive