World News

Iran says won't stop its missile program

Iran says won't stop its missile program

"The United States will remain vigilant when it comes to Iran".

Remaining, unilateral USA sanctions imposed over Iran's record on human rights, terrorism and ballistic missiles development has scared many would-be foreign investors seen as indispensable to reviving an economy stunted by many years of isolation.

Richard Nephew, a former United States negotiator with Iran now at Columbia University, called the renewal an "important step" in maintaining the deal but said it was still threatened by "congressional pressure, Republican politics, and the views of many people" in the Trump administration.

Ghasemi has said in the past that Iran was considering retaliatory sanctions against American individuals and companies because they were committing "human rights" violations by supporting Israel and "terrorist groups" across the Middle East.

During his campaign, Trump referred to the landmark agreement as the worst deal ever negotiated, as NPR has reported.

Despite Donald Trump's past criticism of the nuclear deal, his administration kept hold of the agreement on Wednesday, but renewed a waiver of nuclear-related sanctions.

On Wednesday, Iranian state media outlets said four passenger airplanes were being delivered as the first installment of a deal with French-Italian manufacturer ATR that was finalized after the nuclear agreement. That was a relief to Iranian President Hassan Rouhani, who made the 2015 nuclear deal the centerpiece of his efforts to end Iran's isolation and rebuild its economy with foreign investment.

Iran's foreign ministry issued a statement saying that the country will continue its missile program in line with its "inalienable and legal right" to upgrade the country's defensive capabilities, the ministry's spokesman Bahram Ghasemi wrote on his Telegram channel May 18. Chinese complaints come despite worldwide recognition of the destabilising effect both Iran and North Korea have.

The Trump administration has announced that it will continue nuclear sanctions relief for Iran, keeping in place an Obama-era deal.

Europe's leaders are quickly moving forward on economic normalisation with Iran, and scuttling the nuclear deal would have wide-ranging diplomatic repercussions with major allies, she said.

Along with the P5+1 (five permanent UN Security Council members plus Germany), the Obama administration touted the nuclear deal as a crucial move towards d├ętente with Iran and regional peace.

The deal doesn't prohibit the USA or other countries from imposing new sanctions on Iran for its missile program, terrorism or other reasons, although Tehran has threatened to pull out of the deal if the US and other countries do so. This may be meant to "undercut the impression that Trump is softening on Iran", The Associated Press wrote.

The Iranian government and some Iranian citizens have been disappointed that US, EU and United Nations sanctions relief provided so far under the nuclear deal has failed to spark an economic renaissance.

Also designated for sanctions was Chinese national Ruan Runling, who the Office of Foreign Assets Control said has "provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of Iran's Shiraz Electronics Industries".


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