About  |  contact  |  Search  |  RSS
Last Update: 23 Hour and 48 Minute ago
News code: 28917
Published Date: Saturday 11 January 2020 - 12:33:41
Print 

US imposes new sanctions on Iran metal sector

US imposes new sanctions on Iran metal sector
IRAN  - The Trump administration imposed new sanctions on Iran on Friday, including penalties on the Islamic Republic’s metals and some senior government officials.

Following Tehran's retaliation for the assassination of Iranian Lieutenant General Qasem Soleimani, US Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin announced the new measures at a press conference at the White House on Friday.

The sanctions were initially promised by Trump on Wednesday after Iran launched more than a dozen missiles on two airbases in Iraq housing US troops.

The new sanctions targeted the Iranian construction, manufacturing, textiles, mining, aluminum, copper, iron and steel industries, Mnuchin said.

Washington also imposed bans on eight senior Iranian officials, saying they were involved in the missile strike on the bases housing American troops.

"We are announcing additional sanctions on the Iranian regime as a result of the attack on US and allied troops," Mnuchin said. "Today's sanctions are part of our commitment to stop the Iranian regime's global terrorist activities."

"I think we have 100 percent confidence and we are consistent in our view that the economic sanctions are working," he said. "That if we didn't have these sanctions in place, literally Iran would have tens of billions of dollars. They would be using that for terrorist activities throughout the region and to enable them to do more bad things."

 

News Code: 28917
Published Date: Saturday 11 January 2020 - 12:33:41
No Comment,Be the first one who comments.
Comments

Name

email  

website

Comment  

Security code [*]: Please enter correct answer in security box.:

 = 9-4

Opinion
Assassination of Gen. Solaymani, grave violation of Int. law
Assassination of Gen. Solaymani, grave violation of Int. law
Amir Biparva, PhD in Public International Law
What's All the Buzz About 2019 Iran Gasoline Protests?
What's All the Buzz About 2019 Iran Gasoline Protests?
Alireza Hashemi, Iranian journalist
Pompeo’s hatred of Iran arises from his deep-rooted Islamophobia
Pompeo’s hatred of Iran arises from his deep-rooted Islamophobia
Yuram Abdullah Weiler, US-based political critic and writer
How Iran's Protests Are Different from Iraq, Lebanon
How Iran's Protests Are Different from Iraq, Lebanon
Hamidreza Gholamzadeh, head of Peace Sprit Foundation