Written by Staff Writer
18 Jan, 2016 | 10:59 am
The US has imposed fresh sanctions on Iranian companies and individuals over a recent ballistic missile test.
The new sanctions prevent 11 entities and individuals linked to the missile programme from using the US banking system.
The missile program “poses a significant threat to regional and global security, and it will continue to be subject to international sanctions,” said Adam J. Szubin, the Treasury’s acting undersecretary for terrorism and financial intelligence in a statement.
He said the U.S. has made it clear that it will “vigorously press sanctions against Iranian activities” outside the terms of the nuclear agreement. Szubin cited Iran’s “support for terrorism, regional destabilization, human rights abuses, and ballistic missile program.”
The move came after international nuclear sanctions on Iran were lifted as part of a deal hailed by President Barack Obama on Sunday as “smart”.
Four American-Iranians were also freed in a prisoner swap as part of the deal.
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