US President Donald Trump has decided not to re-impose sanctions on Iran, keeping the 2015 landmark nuclear deal alive, even as his Administration announced another round of tough sanctions on 14 individuals and entities of the Islamic Republic.
In a background briefing, senior administration officials said this is Trump’s “waiver” on Iran.
Sanctions against Tehran were lifted in 2015 under the landmark nuclear deal signed between the Islamic Republic and six world powers. Issuing designations for 14 individuals and entities, Treasury Secretary Steven Mnuchin said the US will not be a silent spectator while the Iranian regime continues to engage in human rights abuses and injustice.
The nuclear deal between Iran and six world powers – the US, UK, Russia, France, China, and Germany calls upon Iran not to undertake any activity related to ballistic missiles designed to be capable of delivering nuclear weapons, including launches using such ballistic missile technology.
In turn, Iran would be allowed to lift all nuclear-related economical sanctions, freeing up tens of billions of dollars in oil revenue and frozen assets.