Thursday 26 November 2020 - 12:44

Special Envoy: US to Sanction 4 Russian, Chinese Entities

Story Code : 900123
Special Envoy: US to Sanction 4 Russian, Chinese Entities
Washington will continue to punish Iran with sanctions, adding more pressure over the coming weeks, through December and January, Abrams said.

On Wednesday, Washington imposed a new round of sanctions against multiple persons and dozens of entities.

The move was followed by a threat from Secretary of State Mike Pompeo to introduce more sanctions against Iran in the coming weeks and months.

Iran roundly condemned the statement, saying that the US policy of maximum pressure has turned into a "maximum failure".

At the same time, Iranian Foreign Minister Javad Zarif did not rule out the possibility of a dialogue on Iran's return to the nuclear agreement.

In 2015, Iran signed the Joint Comprehensive Action Plan [JCPOA] with the United States, China, France, Germany, Russia and the United Kingdom. It required Iran to scale back its nuclear program and severely downgrade its uranium reserves in exchange for sanctions relief, including lifting the arms embargo five years after the deal's adoption.

In 2018, US President Donald Trump abandoned the landmark deal and implemented hard-line policies against Tehran. Since Trump's decision to leave the JCPOA, tensions between the US and Iran have escalated, with Iran announcing that it would no longer follow the 2015 nuclear deal.