May 26, 2024

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US imposes contemporary sanctions on Iran in last days of Trump presidency

2 min read

The United States on Friday imposed sanctions on firms in Iran, China and the United Arab Emirates for doing enterprise with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over typical arms proliferation.
They are the most recent in a sequence of measures aimed toward stepping up stress on Tehran within the waning days of President Donald Trump’s administration, which ends on Wednesday.

US Secretary of State Mike Pompeo mentioned Washington had sanctioned seven firms, together with Chinese-based Jiangyin Mascot Special Steel Co and UAE-based Accenture Building Materials, and two individuals for transport metal to or from Iran.
He mentioned Iran’s Marine Industries Organization, Aerospace Industries Organization and the Iran Aviation Industries Organization had additionally been blacklisted over typical arms proliferation.

In an announcement in a while Friday, Pompeo mentioned he was additionally growing the scope of metals-related sanctions in opposition to Iran administered by the State Department.
Those who knowingly switch 15 supplies which the State Department says are utilized in reference to Iran’s nuclear, navy or ballistic missile applications, together with sure sorts of aluminum and metal, can be topic to sanctions, he mentioned.

During his 4 years in workplace, Trump has tried to pressure Tehran again into talks over its nuclear and ballistic missile applications and its actions within the Middle East. Saying the settlement didn’t go far sufficient, Trump in 2018 stop an Iran nuclear deal, which Tehran struck with world powers in 2015 to rein in its nuclear program in return for sanctions reduction.
Democratic President-elect Joe Biden, who will succeed Trump on Wednesday, has mentioned he’ll return to the 2015 nuclear pact if Iran resumes strict compliance with it.

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