Britain intensifies sanctions against Iran after snapback move
TEHRAN (Iran News) London has intensified sanctions against Iran after Britain, along with Germany and France, invoked the so-called snapback mechanism to reinstate UN sanctions against the Islamic Republic.
In a statement released on Monday, the United Kingdom’s economic and finance ministry, aka HM Treasury, announced the addition of 71 Iranian individuals and entities to the country’s sanctions list.
The statement noted that those targeted will face asset freezes, financial restrictions, and travel bans. Additionally, British nationals and companies are prohibited from conducting any transactions or providing funds to them.
The new sanctions target several companies operating in the transportation and financial sectors, as well as entities associated with the energy and technology sectors.
HM Treasury stated that this action aligns with recent measures taken by the United Nations and the European Union against Iran.
Earlier today, the European Union announced that it had reinstated sanctions against Iran, following a similar move by the United Nations.
The EU’s measures include a ban on Iran’s purchase and transportation of crude oil, as well as restrictions on the sale or supply of gold and certain naval equipment.
On Sunday, the United Nations also reinstated an arms embargo and additional sanctions on Iran after Britain, France, and Germany invoked the so-called snapback mechanism of the 2015 nuclear deal. Tehran has warned that it will respond to the illegal move.
Britain, France, and Germany initiated the return of sanctions at the UN Security Council, accusing Iran of violating the now-defunct nuclear agreement, officially called the Joint Comprehensive Plan of Action (JCPOA).
Iran has repeatedly said its nuclear program is for peaceful purposes.
- source : irna
