US imposes fresh curbs on Iran firms in final days of Trump presidency
January 16 2021 09:21 PM
RELATED STORIES
US President Donald Trump speaks to the media before boarding Air Force One to depart Washington on
US President Donald Trump speaks to the media before boarding Air Force One to depart Washington on travel to visit the US-Mexico border Wall in Texas, at Joint Base Andrews in Maryland on January 12. Trump in 2018 quit the Iran nuclear deal, which Tehran struck with world powers in 2015 to rein in its nuclear programme in return for sanctions relief.

Reuters/ Washington

The US on Friday imposed sanctions on companies in Iran, China and the UAE for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.
They are the latest in a series of measures aimed at stepping up pressure on Tehran in the waning days of President Donald Trump’s administration, which ends on Wednesday.
US Secretary of State Mike Pompeo said Washington had sanctioned seven companies, including Chinese-based Jiangyin Mascot Special Steel Co and UAE-based Accenture Building Materials, and two people for shipping steel to or from Iran.
He said Iran’s Marine Industries Organisation, Aerospace Industries Organisation and the Iran Aviation Industries Organisation had also been blacklisted over conventional arms proliferation.
In a statement later on Friday, Pompeo said he was also increasing the scope of metals-related sanctions against Iran administered by the State Department.
Those who knowingly transfer 15 materials which the State Department says are used in connection with Iran’s nuclear, military or ballistic missile programmes, including certain types of aluminum and steel, would be subject to sanctions, he said.
The Iranian president’s chief of staff, Mahmoud Vaezi, dismissed the sanctions as a “show” which demonstrated the Trump administration’s hostility towards Iran. “The recent US sanctions, while nothing more than a show, are another sign of the Trump administration’s criminal nature – a bankrupt government that even in its last days cannot put aside its hostility towards Iranians,” Vaezi said on 
Twitter.
During his four years in office, Trump has tried to force Tehran back into talks over its nuclear and ballistic missile programmes and its activities in the Middle East.
Saying the agreement did not go far enough, Trump in 2018 quit the Iran nuclear deal, which Tehran struck with world powers in 2015 to rein in its nuclear programme in return for sanctions relief.
Democratic President-elect Joe Biden, who will succeed Trump on Wednesday, has said he will return to the 2015 nuclear pact if Iran resumes strict compliance with it.



There are no comments.

LEAVE A COMMENT Your email address will not be published. Required fields are marked*
MORE NEWS

HAPPENING IN DOHAMore