Iran to introduce sanctions on US

In another round of tit for tat measures, Iran’s foreign ministry declared yesterday that it will reciprocate against new sanctions imposed by the US by punishing Americans that have undermined the interest of the Islamic Republic and “other Muslim regional nations”.

Iran slammed yesterday’s decision by the US to impose sanctions against 16 Iranian individuals, groups and networks, a day after certifying Iran of complying with the 2015 nuclear deal.

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In total 16 Iranian individuals, groups and networks were sanctioned by the Trump administration. Seven groups and five people accused of aiding Iran’s military or its elite Revolutionary Guard have also been targeted by the US treasury.

Reasons cited for the new sanctions include aiding “Iran’s military procurement or the IRGC through the development of unmanned aerial vehicles and military equipment for the IRGC”. The statement confirmed that two Iranian businessmen were sanctioned for orchestrating “the theft of US and western software programs which, at times, were sold to the Government of Iran”.

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Iran slammed the decision describing the move as “worthless” and “contemptible”. The statement from the Iranian foreign ministry said it will “reciprocate the move by imposing sanctions on a number of American natural and legal persons who have taken steps against the Iranian people and other Muslim nations in the region”. The names of the individuals will be announced soon, the statement added.