Sunday, January 17, 2016

US Treasury imposes new ballistic missile sanctions on Iran

The US Treasury says it is imposing new ballistic missile sanctions on Iran after Tehran released five American prisoners. The move also comes less than a day after some of the sanctions imposed on Iran over its nuclear program were removed by the US and EU.
Washington has imposed sanctions on 11 companies and individuals for helping to supply Iran’s ballistic missile program, the Treasury Department stated.“Iran’s ballistic missile program poses a significant threat to regional and global security, and it will continue to be subject to international sanctions,” Adam J. Szubin, acting Under Secretary for Terrorism and Financial Intelligence, said in a press release. “We have consistently made clear that the United States will vigorously press sanctions against Iranian activities outside of the Joint Comprehensive Plan of Action – including those related to Iran’s support for terrorism, regional destabilization, human rights abuses, and ballistic missile program.”President Barack Obama’s administration delayed implementing the sanctions for more than two weeks, while negotiations to release two US prisoners being held in Iran were taking place.


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