August 2, 2017. President Trump on Wednesday signed a bill imposing sanctions on Iran, after the legislation overwhelmingly passed the House and Senate. The firm financial sanctions were supported by lawmakers in both parties, The bill itself targets Iran and North Korea as well as Russia.

The Senate passed the bill, 98-2, two days after the House pushed the measure through by an overwhelming margin, 419-3. Both were veto proof numbers, upping stress on Trump to sign the legislation.

The measure targets Iran’s ballistic missile program, its support for terrorism and human rights violations, and yet it would still comply with the Iranian nuclear deal. Specifically, it imposes sanctions on any foreign person or foreign entity that does business with an entity already designated by the administration that has a connection to Iran’s ballistic missile program. These sanctions, for example, could apply to any financial institution or any foreign company that provides key parts or components to Iran’s missile program.

In recent days, The United States and three Western allies Called Iran’s latest launch of a satellite-carrying rocket “a threatening and provocative step” that is “inconsistent” with a U.N. resolution endorsing the 2015 agreement to rein in its nuclear program.

In a letter to the U.N. Security Council, obtained Wednesday by the media, they complained that Iran’s Simorgh space launch vehicle, if configured as a ballistic missile, would have the range and “payload capacity to carry a nuclear warhead.”

The U.S., France, Germany and the United Kingdom said this is “inconsistent” with a provision in the 2015 resolution adopted by the Security Council calling on Iran “not to undertake any activity related to ballistic missiles designed to be capable of delivering nuclear weapons.”

Source » ncr-iran