U.S. imposes new Iran sanctions, but waives others

  01 November 2019    Read: 910
U.S. imposes new Iran sanctions, but waives others

The United States said on Thursday it had imposed sanctions on the Iranian construction sector and trade in four materials used in its military or nuclear programs, even as it waived sanctions to let foreign firms continue non-proliferation work in Iran, AzVision.az reports citing Reuters.

The decisions announced by the U.S. State Department reflect an effort to increase pressure on Iran by putting wider swaths of its economy under sanctions, while leaving a door open to diplomacy by allowing work to proceed at Iranian nuclear facilities that makes it harder for Iran to develop a nuclear bomb.

President Donald Trump’s administration last year pulled out of the 2015 nuclear deal in which Iran agreed to limit its nuclear program in return for the lifting of sanctions that crippled its economy.

The administration has since restored and tightened U.S. sanctions to try to force Iran to negotiate a broader deal that would also limit its ballistic missile program and regional activities.

The State Department said Secretary of State Mike Pompeo had determined Iran’s construction sector was controlled directly or indirectly by Iran’s Islamic Revolutionary Guard Corps (IRGC), which Washington regards as a foreign terrorist organization.

As a result, the sale of raw and semi-finished metals, graphite, coal, and software for integrating industrial purposes will be sanctionable if the materials are to be used in Iran’s construction sector, the department said in a fact sheet.

In a second determination, Pompeo identified four “strategic materials” as being used in connection with nuclear, military, or ballistic missile programs, making trade in them subject to sanctions.

The fact sheet identified the materials as: “stainless steel 304L tubes; MN40 manganese brazing foil; MN70 manganese brazing foil; and stainless steel CrNi60WTi ESR + VAR (chromium, nickel, 60 percent tungsten, titanium, electro-slag remelting, vacuum arc remelting).”


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