image Photo: Reuters

U.S. imposes new sanctions on Iran

The United States has imposed a series of new sanctions that Washington imposed against the Islamic Republic of Iran.

According to press release from the State Department, Secretary of State Mike Pompeo, in consultation with Secretary of the Treasury Steven Mnuchin, determined that “the construction sector of Iran is controlled directly or indirectly” by the Islamic Revolutionary Guards Corps, designated by Washington as a terrorist organization 15th April 2019; and identified a list of materials “used in connection with the nuclear, military, or ballistic missile programs of Iran.” The sale, supply, or transfer to or from Iran of the published list of materials was therefore deemed to be sanctionable by the United States.

The State Department underscored that “With these actions, the United States is continuing a campaign to maximize economic pressure on the Iranian regime,” asserting that “This campaign aims to fundamentally change the Iranian regime’s behavior, block all paths to a nuclear weapon, and end Iran’s state-sponsorship of terrorism and regional malign activity.”