Washington, July 19: The Trump administration on Tuesday imposed new sanctions on Iran over its ballistic missile programme. Notably, United States has slapped new sanctions on 18 Iranian individuals, groups and networks over nonnuclear behavior such as support for ballistic missile development.
Those sanctioned include a Turkey-based company that exports naval equipment to Tehran and a China-based network that provides electronics to the Islamic Republic. Both institutions, along with everyone else targeted by the sanctions, will have their U.S. assets frozen. Also, U.S. citizens will be barred from doing business with any of these groups or individuals.
The Treasury Department has targeted seven groups and five people that aided Iran's military or its elite Revolutionary Guard. The sanctions also target what the U.S. says is a transnational criminal group based in Iran and three people associated with it.
The Trump administration said it was targeting 18 entities and people for supporting what is said was illicit Iranian actors or transnational criminal activity. Those sanctioned had backed Iran's military or Iran's Islamic Revolutionary Guard Corps by developing drones and military equipment, producing and maintaining boats, and procuring electronic components.
The State Department said in a statement that the US remains deeply concerned about Iran's malign activities across the Middle East which undermine regional stability, security, and prosperity. Earlier, on Monday, the Trump administration said Iran was complying with the nuclear agreement but it was also in default of the spirit of the accord and Washington would look for ways to strengthen it.
The United States alleged that Iran’s missile program violates United Nations Security Council Resolution 2231, which approved Tehran’s nuclear deal with the P5+1 states in 2015. On the other side, with an aim to counter US sanctions, Iranian lawmakers passed a “single-urgency bill,” which designates U.S. military forces and intelligence services as “supporters of terrorist groups in the Middle East”.