New U.S. sanctions imposed against Iran

  • New US sanctions imposed against Iran

Washington: U.S. imposed new sanctions against finance sector of Iran, in particular, 18 Iranian banks, Secretary of State Mike Pompeo stated on Wednesday, October 8.

,,Today, the United States is identifying the Iranian financial sector as subject to the terms of Executive Order (E.O.) 13902 and sanctioning 18 major Iranian banks, further depriving the Islamic Republic of Iran of funds to carry out its support for terrorist activities and nuclear extortion that threatens the world’’, he announced.

Besides that, according to U.S. Department of Treasury, the ban won’t provide for procurement deals of agricultural production, food product, medications and medical devices.

,,Office of Foreign Assets Control (OFAC) sanctioned eighteen major Iranian banks. As part of this action, OFAC sanctioned sixteen Iranian banks for operating in Iran’s financial sector and one bank for being owned or controlled by a sanctioned Iranian bank. Additionally, today’s action includes the designation of an Iranian military-affiliated bank under Treasury’s counter-proliferation authority’’, the statement reads.

As previously reported, president of U.S. Donald Trump signed document about imposing sanctions against countries and organizations delivering non-nuclear weapon to Iran or buying from it.

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