Saturday, 20 October, 2018

Iran Receives More Airplanes Ahead of Renewed US Sanctions

The Grand Bazaar in Tehran Iran The Grand Bazaar in Tehran Iran
Lisa Bryan | 06 August, 2018, 06:39

The 2015 agreement curbed Iran's nuclear program in return for lifting most global sanctions.

Nephew highlighted the automotive sanctions as one of the more significant in the group since Iran had ambitions for auto exports to become a bigger part of its economy. Since the USA withdrawal from the Iran deal, Iran's currency has taken a nosedive, soaring up to around 120,000 rials to a dollar.

Washington has threatened a "maximum pressure" campaign against Iran, calling on U.S. allies to curb Iranian business dealings-indeed, the United States this week rejected an European Union bid for sanction exemptions.

President Trump earlier this year pulled the US out of the highly-flawed global deal meant to prevent Tehran from developing a nuclear weapon and ordered increased sanctions, as well as threatening penalties for companies from other countries that continue to do business with the terror-sponsoring Islamic regime.

He cited both internal Iranian politics making it hard for Tehran to cooperate with Trump and US politics making it hard for Trump to sell anything less than full success back home. "I will meet, or not meet, it doesn't matter - it is up to them!" Try respect: "for Iranians & for int'l commitments", he tweeted.

Iran will ease foreign exchange rules, state TV reported on Sunday, in a bid to halt a collapse of the rial currency, which has lost half its value since April due to fears about the return of US sanctions.


Scattered protests broke out in several Iranian cities on Thursday over the dramatic drop of the country's currency and other economic problems ahead of the imposition of renewed American sanctions, Iran's state-run IRNA news agency reported.

Takht Ravanchi, who was involved in more than two years of nuclear talks with 5+1 nations, stressed that Europe's failure to neutralize the upcoming sanctions will be tantamount to "negotiations for negotiations".

"Based on the constitution, military forces are subservient to the orders of the Supreme National Security Council [headed by the president], and they do not have the right to set the political agenda for the country", said Abdollah Ramazanzadeh.

Or the regime could start to address what America calls its "malign influence" in the region, including its support to Syrian President Bashar Assad and threats to shut down the strategic Strait of Hormuz, a vital shipping lane for worldwide oil supplies.

Meanwhile, Leader of the Islamic Revolution Ayatollah Ali Khamenei has underlined that any decision to keep the JCPOA running without the US should be conditional on "practical guarantees" from the Europeans.

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