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Tuesday, January 19, 2016

USA imposes new sanctions on Iran for ballistic missile programme Sunday January 17,2016

The United States on Sunday January 17,2016 imposed fresh sanctions on Iran’s ballistic missile program, just a day after sanctions targeting its nuclear program were lifted.

In remarks shortly before the US announcement, Iran’s President Hassan Rouhani had said that any new American sanctions would be “met by an appropriate response.”

The US treasury department said in a statement that it had added five Iranian nationals and a network of companies based in the United Arab Emirates and China to an American blacklist.
It said the network had “obfuscated the end user of sensitive goods for missile proliferation by using front companies in third countries to deceive foreign suppliers” and that the five individuals had “worked to procure ballistic missile components for Iran.”

Adam J Szubin, acting under secretary for terrorism and financial intelligence, said that “Iran’s ballistic missile program poses a significant threat to regional and global security, and it will continue to be subject to international sanctions.”

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