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The US Department of the Treasury has imposed new sanctions on 18 Iranian banks and financial institutions. US Treasury Secretary Steven Manucheh has said the sanctions are aimed at preventing Iran from illegally collecting dollars. He says the sanctions will remain in effect until Iran withdraws from its nuclear program.
According to Iranian media outlet Purse Today, observers say the ban would cut off all direct contact between Iranian banks and the international financial system. As a result, the people of Iran will suffer more.
Although President Trump claims, sanctions have been imposed in areas other than humanitarian ones. But under the new ban, Iran will not be able to import any products, including medicines and other essential products.
Iranian Foreign Minister Mohammad Javed Zarif has said the United States is trying to seize the remaining opportunities for food importation and corona treatment in Iran by imposing new sanctions on banks.
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