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The US Treasury says it “considers the financial sector of the Iranian economy to be subject to Executive Order 13902”, and the Iranian Foreign Minister responds by saying that “the sanctions target the remaining channels for us to pay for food and medicine. “.
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Ministry website: The United States Treasury considers the financial sector of the Iranian economy to be subject to Executive Order 13902
The US Treasury Department announced the imposition of sanctions on 18 Iranian banks and said that it considers that “the financial sector of the Iranian economy is subject to Executive Order 13902.”
Treasury sanctions eighteen major Iranian banks https://t.co/s7AxmAZpEy
– Treasury Department (@USTreasury) October 8, 2020
“The prohibitions of Executive Order 13902 do not apply to operations of agricultural products, food, medicine or medical devices,” said a ministry statement.
It indicated that it “issued a general license to allow certain operations related to Iranian financial institutions that are prohibited by Executive Order 13902.”
The US Treasury Department also said that “those involved in certain transactions with entities under sanctions after a 45-day hiatus may be subject to secondary sanctions or enforcement actions.”
US Treasury Secretary Mnuchin said: “The sanctions against 18 Iranian banks highlight our commitment to address the illegal acquisition of US dollars,” as he put it.
Mnuchin added that “the US sanctions programs will continue until Iran stops supporting terrorist activities and stops its nuclear programs,” adding that “today’s measures will continue to allow humanitarian operations to support the Iranian people.”
In response to the US Treasury’s announcement, Iran’s Foreign Minister Mohammad Javad Zarif said on Twitter that “the new US sanctions are aimed at blowing up the remaining channels for us to pay for food and medicine.”
“The conspiracy to starve the population is a crime against humanity, the guilty and helpers, who hold our money, will face justice,” he added, emphasizing that “Iranians will survive these recent atrocities.”
In the midst of the Covid19 pandemic, the US regime wants to blow up the remaining channels to pay for food and medicine.
The Iranians will survive this latest of the cruelties.
But conspiring to starve a population is a crime against humanity. The culprits and facilitators, who block our money, will face justice. pic.twitter.com/n0fnXPNik8
– Javad Zarif (@JZarif) October 8, 2020
The United States imposed a series of sanctions on September 25 against various Iranian entities and officials for alleged human rights violations, including a judge who said he was “involved in the case of an Iranian fighter who was sentenced to death.”
On the other hand, 3 assessments based on the monitoring of tankers showed that Iranian oil exports increased sharply in September, defying US sanctions, extending a lifeline to Iran and its economy.
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