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ibusinesslines.com July 19, 2018


Iran defies USA with increased budget for missile programme

13 August 2017, 01:28 | Erica Roy

Iran defies USA with increased budget for missile programme

Iran defies USA with increased budget for missile programme

Iran's parliament voted on Sunday to allocate US$520 million to develop its missile programme to fight Washington's "adventurism" and sanctions, and to boost the foreign operations of the country's Revolutionary Guards.

Iran's National Security and Foreign Policy Committee spokesman Seyed Hossein Naghavi Hosseini, while defending the bill, said the bill does not include any measure that would undermine JCPOA in any way; "Iran will never be the first to kill the nuclear deal and take responsibility for its costs", he added.

Lawmakers overwhelmingly approved the outlines of the bill to "counter America's terrorist and adventurist actions" as some chanted "Death to America", the state broadcaster IRIB reported.

Abbas Araghchi, a deputy foreign minister and senior nuclear negotiator on hand for the vote, said a moderate President Hassan Rouhani's government would support the bill.

Under the law, the foreign ministry is tasked to create and publish a blacklist of people to be put under sanctions - in cooperation with the Revolutionary Guards' foreign operations wing, Central Bank, and ministry of intelligence.


"The plan should be aimed at addressing the USA bullies and threats against the Islamic Republic of Iran, Washington's hegemonic, terrorist and divisive policies, its illegal military and security interferences in the region, and the U.S. military and intelligence support of terrorism and extremism".

The bill also mandates the economy ministry to prioritise deals with countries and companies that ignore financial and military sanctions on Iran.

The bill will counter the U.S. overt and covert military and intelligence support for terrorist groups and the confession made by some USA officials, including U.S. former Secretary of State Hilary Clinton, that the Washington is behind the formation and propping up of Daesh (ISIS), recognizes the USA forces in the region, both military and intelligence, as promoters of terrorism.

The accounts of the entities will be blocked and their properties in Iran will be confiscated.

It has also imposed sanctions against a series of organizations, entities and individuals, including the United States military and security officials who have had a role in providing military, financial and intelligence support for terrorist and extremist groups in the region.



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