White House to Postpone New Iran Sanctions: Report


White House to Postpone New Iran Sanctions: Report

TEHRAN (Tasnim) – The administration of US President Barack Obama announced it has delayed planned sanctions against Iran, a report said.

According to the report carried by the Wall Street Journal early on Friday, the White House announced it has postponed a net of financial sanctions introduced recently by the US Treasury Department against Tehran in the wake of the country’s missile tests.

On Wednesday, reports revealed that the Treasury Department would impose sanctions against individuals in Iran, Hong Kong, and the United Arab Emirates following Iran’s missile testing in October and November.

US officials quoted by the Journal did not suggest a timeframe for the sanctions.

The announcement by the White House came after Iranian President Hassan Rouhani on Thursday ordered the Defense Ministry to continue production of missiles needed by the country’s Armed Forces “more quickly and seriously”.

In a letter to Defense Minister Brigadier General Hossein Dehqan, President Rouhani denounced the US government’s “hostile policies and illegal interference in the Islamic Republic of Iran’s right to boost its defense power,” and instructed the Defense Ministry to “continue the plans to manufacture various types of missiles needed by the Armed Forces more quickly and seriously.”

Elsewhere in the letter, President Rouhani warned that if the US repeats such “wrong and interventionist” moves, the Iranian Defense Ministry must develop a “new plan” for expanding the country’s missile capabilities.

The Iranian chief executive further stressed that the Islamic Republic has never let the issue of its defense power, including its missile program, be mooted in the nuclear negotiations with the Group 5+1 (Russia, China, the US, Britain, France and Germany).

Iran has repeatedly announced that test of missiles is an issue relating to defense of its territorial integrity and has nothing to do with the Joint Comprehensive Plan of Action (JCPOA).

Iran and the Group 5+1 (also known as the P5+1 or E3+3) on July 14 reached a conclusion on a 159-page nuclear agreement that would terminate all sanctions imposed on Tehran over its nuclear energy program after coming into force.

Afterwards, the 15-memebr United Nations Security Council passed a resolution that endorsed the JCPOA.

Most Visited in Nuclear
Top Nuclear stories
Top Stories