U.S. sanctions: Iran aims to boost military spending in retaliation

14 August, 2017, 01:12 | Author: Irene Delgado
  • Iranian President Hassan Rouhani speaks in a campaign rally for May 19 presidential election in Tehran Iran. Iranians head to the polls Friday to vote in the Islamic Republic's presidential election

In response to the launch, President Trump signed a bill outlining new sanctions against several Iranian groups, freezing funds and outlawing USA citizens from doing businesses with the targets. The legislation includes increased spending on Tehran's missile development and Revolutionary Guards. US President Trump has warned North Korea, an ally of Iran, against firing the missiles and says he will protect Guam, home to 163,000 US citizens if that happens.

Iranian lawmakers unanimously passed the general outlines of the bill in a 240-0 vote with one abstention.

"The Americans should know that this was our first action", Iran's parliament speaker Ali Larijani said after stating that the majority voted for a package "to confront terrorist and adventurist actions by the United States in the region", as quoted by AFP.

The bill includes Iran's countermeasure plans for any USA acts of exploitation and terrorism in the region, as well as the Western country's hostile moves that undermine the successful implementation of Iran's nuclear deal, dubbed JCPOC, which went into effect in January 2016.

"Iran will never pay the price of violating the JCPOA", spokesman for the National Security and Foreign Policy Committee Hossein Naghavian said, adding that Washington "is after imposing the cost of killing the nuclear deal".

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The agreement saw crippling economic sanctions on Iran lifted in return for the country restricting its sensitive nuclear activities.

Deputy Foreign Minister Abbas Araqchi told members of parliament the government and the foreign ministry backed the bill, which he said "was designed wisely so that it does not violate the nuclear deal and provide excuses for opposing sides".

The US imposed sanctions after a ballistic missile test in January.

A number of recent close encounters between U.S. ships and Iranian vessels in the Gulf have added to the tensions between the two countries.

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