International sanctions against Iran lifted

Washington Post, By Carol Morello & Karen DeYoung, January 16

Vienna —Iran reentered the global economy Saturday, as years of crippling international sanctions were lifted in exchange for the verified disabling of much of its nuclear infrastructure.

For Iran, implementation of the landmark deal it finalized with six world powers last summer means immediate access to more than $50 billion in long-frozen assets, and freedom to sell its oil and purchase goods in the international marketplace. Tehran has hailed the deal as vindication of its power and influence in the world.

“Today marks the moment that the Iran nuclear agreement transitions from promises on paper to measurable progress,” said Secretary of State John F. Kerry. “United States’ friends and allies in the Middle East and the entire world are safer, because the threat of nuclear weapons has been reduced.”

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Raja

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  • And right on cue…

    Treasury Sanctions Those Involved in Ballistic Missile Procurement for Iran

    WASHINGTON – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated 11 entities and individuals involved in procurement on behalf of Iran’s ballistic missile program. OFAC sanctioned Mabrooka Trading Co LLC (Mabrooka Trading) – based in the United Arab Emirates (UAE) – and its China- and UAE-based network that have been involved in procuring goods for Iran’s ballistic missile program. This network obfuscated the end user of sensitive goods for missile proliferation by using front companies in third countries to deceive foreign suppliers. Also designated today are five Iranian individuals who have worked to procure ballistic missile components for Iran. This action is consistent with the U.S. government’s commitment to continue targeting those who assist in Iran’s efforts to procure items for its ballistic missile program.

    “Iran’s ballistic missile program poses a significant threat to regional and global security, and it will continue to be subject to international sanctions,” said Adam J. Szubin, acting Under Secretary for Terrorism and Financial Intelligence. “We have consistently made clear that the United States will vigorously press sanctions against Iranian activities outside of the Joint Comprehensive Plan of Action – including those related to Iran’s support for terrorism, regional destabilization, human rights abuses, and ballistic missile program.”

    [snip]

    Complete text.

    [Comment: It is important to keep in mind the role of ballistic missiles in Iranian strategic thought – they are central, meaning that this will be a source of ongoing friction. ~ JPD]

  • Iran disagrees..of course.

    Iran condemns new US sanctions over missile test

    Iran has denounced new sanctions imposed by the US over its ballistic missile programme.

    The sanctions had “no legal or moral legitimacy”, a foreign ministry spokesman said.

    The new US move came just a day after international sanctions against Iran over its nuclear programme were lifted.

    The head of the world’s nuclear watchdog, visiting Tehran, says Iran has agreed to further strengthen its co-operation with his organisation.

    IAEA chief Yukiya Amano said he had held “very constructive and positive talks” with Ali Akbar Salehi, the head of Iran’s nuclear organisation.

    The new US Treasury sanctions prevent 11 entities and individuals linked to the programme from using the US banking system.

    more at link

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