Saturday, 19 August, 2017

Iran Parliament Increase Missile Funds After US Sanctions

Iran Allocates $520Mln for Missile Program in Response to New US Sanctions - AFP Iran Majlis passes motion in response to US sanctions
Saul Franklin | 14 August, 2017, 01:13

Iran's parliament voted to boost spending on its elite Revolutionary Guards force and missile program in response to new USA sanctions.

Head of the Federation Council's global affairs committee Konstantin Kosachev says the decision to increase financing of the missile program, adopted by the Iranian parliament, is a logical response to the USA tougher sanctions.

The bill secured 240 yes votes and one abstention, Iran's IRNA reported.

Sanctions against Iran is mainly in response to Tehran's growing missile programme.

Iranian lawmakers on Sunday overwhelmingly voted to approve a bill aimed at countering the new United States sanctions against the Islamic Republic.

Araghchi, also in defense, said the countermeasure bill is "much stronger" than US Congress bill against Iran, since it also extends support to the Islamic Republic's armed forces and all related ministries.

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He reminded members of parliament that the government backed the bill, which he said "was designed wisely so that it does not violate the (nuclear deal) and provide excuses for opposing sides", reported.

The bill still needs to pass a second vote before it is delivered to a clerical body for review and passage into law.

It considers the entirety of the USA military forces and intelligence operatives in the region to be supporters of regional terrorist groups, and subject to punitive measures.

He was referring to a 2015 nuclear deal with world powers, known officially as the JCPOA, under which Iran agreed to strict limits on its nuclear programme in exchange for an easing of sanctions.

He further said American officials should be aware that the legislation was just the first step against anti-Iran measures.

Tensions between Tehran and Washington have grown since President Trump took office.

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