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Monday September 28, 2020

Agency: Washington is preparing to impose sanctions that ‘separate’ Iran from the outside world

The World – The Americas

The administration of US President Donald Trump is considering imposing new sanctions on Tehran to separate the Iranian economy from the outside world, with some exceptions, by targeting more than 10 banks and banning the entire financial sector, according to Bloomberg.

According to what was reported by “Bloomberg” agency, according to 3 sources familiar with the matter, the proposed sanctions have two goals, the first of which is to close one of the few remaining financial holes that allow the Iranian government to earn revenue.

The second goal is to thwart the promise of Democratic candidate, Joe Biden, who competes with Trump in the upcoming elections, and who has pledged to return to the 2015 nuclear deal with Iran, if he wins the presidency in November. The proposal is still under review and has not been sent to the President.

These sanctions will effectively isolate Iran from the global financial system, cutting Iran off the few remaining legal ties and making it more dependent on informal trade.

Washington recently imposed a series of sanctions on officials and entities in Iran, which it said were related to uranium enrichment, as well as its involvement in “human rights violations,” as it alleged.

Last week, US Secretary of State Mike Pompeo claimed that the UN sanctions against Iran have entered into force again, despite the recent rejection of the UN Security Council on this matter, threatening countries that will not implement the sanctions with “consequences.”

These measures, in addition to the arms embargo, also included restrictions such as preventing Iran from participating in enrichment and reprocessing (uranium), banning Iran’s experiments and developing ballistic missiles, and imposing sanctions on the transfer of nuclear and missile technology.

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Washington says it has activated the “trigger / rollback mechanism” in the Iran nuclear deal, which requires the reimposition of all UN sanctions on Iran.

But the rest of the parties to the nuclear agreement (Britain, China, France, Germany and Russia) and most of the members of the UN Security Council said that they do not believe that the United States can re-impose UN sanctions on Iran, because it withdrew from the 2015 nuclear agreement with Tehran.

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