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US imposes new sanctions on Iran’s Defense Ministry

09:47 PM | 21 Sep, 2020
US imposes new sanctions on Iran’s Defense Ministry

WASHINGTON — The United States on Monday imposed latest sanctions on Iran’s Ministry of Defense in order to exert more pressured on the Islamic regime to bar it from continue weapons programs. 

Secretary of State Mike Pompeo, flanked by Defense Secretary Mark Esper, Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross said that sanctions are also being imposed on Venezuela’s Nicolas Maduro for helping Tehran in the programs. 

“No matter who you are, if you violate the U.N. arms embargo on Iran, you risk sanctions,” Pompeo said, adding: “Our actions today are a warning that should be heard worldwide”.

The officials announced sanctions on six individuals and three entities over link with the Atomic Energy Organization of Iran, while three individuals and four entities associated with country’s liquid propellant ballistic missile organization, the Shahid Hemmat Industrial Group, have also faced sanctions.

“The efforts today are to continue to reduce that risk that they [Iranian regime] will have the wealth and resources to foment terror throughout the region and indeed throughout the world,” Pompeo said.

Esper urged Imran to act like a normal country, adding that the Department of Defense was “ready to respond to future Iranian aggression”.

“We continue to stand shoulder to shoulder with our allies and partners to counter Iran’s destabilizing behavior. In doing so, we will protect our people and our interests and maintain the security of like-minded nations across the region,” Esper added.

On Saturday, United Nations Secretary-General Antonio Guterres had expressed his inability to take any action on a US declaration that all UN sanctions have been reinstated against Iran because of an apparent "uncertainty" on the issue, according to a media report.

US Secretary of State Mike Pompeo said Saturday that all UN sanctions against Iran were "back in effect" under a "snapback" mechanism featured in the 2015 nuclear deal between Iran and world powers.

"There would appear to be uncertainty whether or not the process ... was indeed initiated and concomitantly whether or not the (sanctions) terminations ... continue in effect," Guterres wrote in a letter to the UN Security Council, according to Reuters news agency.

In his statement, Pompeo also warned UN member states with "consequences" if they refused to implement the sanctions.

"If UN member states fail to fulfill their obligations to implement these sanctions, the United States is prepared to use our domestic authorities to impose consequences for those failures and ensure that Iran does not reap the benefits of UN-prohibited activity," he said.

The top US diplomat "notified" the UN Secretariat last month that Washington was triggering the mechanism.

However, other signatories to the nuclear accord assert that the American procedure lacks legal effect because Washington left the deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), in 2018.

"It is not for the Secretary-General to proceed as if no such uncertainty exists," the UN chief added to his remarks that coincided with the deadline set by Washington.

Thirteen of the 15 Security Council members say Washington's move is void because Pompeo used a mechanism agreed under a 2015 nuclear deal between Iran and world powers, which the United States quit in 2018.

UN officials provide administrative and technical support to the Security Council to implement its sanctions regimes and Guterres appoints independent experts to monitor implementation.

Guterres said that "pending clarification" of the status of the Iran sanctions, he would not take any action to provide that support.

President Hassan Rouhani said that the United States has failed in its pursuit of restoring international sanctions on Iran, which marks a victory of the Iranian diplomacy.

According to the Iranian president, the US has been trying to assemble an anti-Iranian coalition ever since it withdrew from the JCPOA in 2018 as well as to provoke Tehran to undertake actions that would give Washington legit grounds to restore the sanctions.

"Fortunately, the US encountered failure and negative reactions by the international community, even its traditional allies, at absolutely every stage of this period," Rouhani said.

The Iranian president even threw in a pun, saying that Washington's policy of "maximum pressure" on Iran has lead to its own "maximum isolation."

Rouhani said that the US' expectation of unconditional support from the UN Security Council has failed it, going on to thank Russia and China, in particular, for their support amid Washington's pressure.

The Iranian leader vowed readiness to counter what he described Washington's "banditry" as well as pledged Tehran's readiness to return to fully implementing obligations under the 2015 nuclear deal once all other signatories do the same.

Meanwhile, Iran's UN Ambassador Majid Takht Ravanchi tweeted, "US illegal and false 'deadline' has come and gone ... Swimming against international currents will only bring it more isolation."

Russia's Deputy UN Ambassador Dmitry Polyanskiy said on Twitter, "We all clearly said in August that US claims to trigger snapback are illegitimate. Is Washington deaf?"In August, the Security Council rejected a US-drafted resolution seeking to prevent an arms embargo on the Islamic Republic from expiring in October under the JCPOA.

China and Russia strongly opposed the resolution and eleven countries withheld their votes on the draft that was only backed by the Dominican Republic.

JCPOA

The JCPOA was signed in 2015 by Iran, China, France, Germany, Russia, the United Kingdom, the United States and the European Union, stipulating the removal of international sanctions from Tehran in exchange for it scaling down its nuclear program. The deal was then enshrined in UNSC Resolution 2231.

The original deal turned short-lived as the US unilaterally withdrew in 2018 and re-imposed sanctions on Iran to which the latter responded by gradually abandoning its own commitments.

Earlier this year, the US tried to campaign for the restoration of international sanctions on Iran, specifically an extension to arms embargo, but all of its draft resolutions ended up rejected.

Daily Pakistan Global Web Desk

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Today Currency Rates in Pakistan - Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 24 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 24, 2024 (Wednesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 278.4 for buying and 280.1 for selling. Euro's buying rate remains stable at 301.35 and selling rate is 303.45.

British Pound rate is 354.5 for buying, and 358.35 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal hovered at 73.6.

Currency Rates Today

Currency Symbol Buying Selling
US Dollar USD 278.4  280.1 
Euro EUR 301.35 303.45
UK Pound Sterling GBP 354.5 358.35
U.A.E Dirham AED 76.5  77.25
Saudi Riyal SAR 73.60 74.32
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.50 205.50
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.70 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202.00 204.00
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.50 7.65

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