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Trump signed a decree on restoring sanctions against Iran

Trump signed a decree on restoring sanctions against Iran

August 7 2018 LJ cover – Трамп подписал указ о восстановлении санкций против Ирана
Tags: Trump, USA, Iran, Sanctions, Politics, International Relations, Economics

Since 7 August, restrictions on trade with Tehran with gold and a number of metals, on operations with its national currency and state debt, as well as a ban on selling dollars to the Iranian government have been renewed.

The United States begins with 7 August the first stage of the restoration of sanctions against Iran, which were abolished in January 2016 after the conclusion of a nuclear deal (the signing of the Joint Comprehensive Plan of Action, VCPD). Since Tuesday, restrictions on trade with Tehran with gold and a number of metals, on operations with its national currency and public debt, as well as a ban on selling dollars to the Iranian government have been restored. This was stated on Monday by a representative of the US administration of high rank during a telephone briefing for journalists.

She explained all the details regarding the restoration of restrictions on the upcoming Tuesday, and she also informed which sectors of the economy the second stage will touch, the beginning of which is scheduled for November 5.

"The President has issued a new decree on Iran, implying the restoration of sanctions," she said, noting that the document is a continuation of the policy previously announced by the US president to exert pressure on Tehran. "Specifically, we are restoring sanctions against Iran, which were withdrawn in accordance with the SVAP," the representative of the administration added. According to her, thus Washington wants to reach a new agreement with the Islamic Republic, which could neutralize the alleged threat from this state.

"The new decree restores in two stages the relevant provisions of five decrees on Iran's sanctions, which were withdrawn or to which the amendments of January of the year 2016", she noted. According to her, "the first stage of the restoration of sanctions is implemented starting with 00: 01 local time (07: 01 Moscow time 7 August)."

The first stage

"Sanctions will be fully restored for the purchase of dollar bills by the Iranian government, for trading with Iran with gold and precious metals, for buying from Iran or selling to Iran graphite and metals such as aluminum and steel, and coal, software that integrates into industrial production, for certain transactions related to the Iranian rial, some operations with the release of [securities] related to the Iranian public debt, "the representative of the administration explained. In addition, "sanctions against the Iranian car industry" come into effect again.

According to her, with 6 August, the permission to "import carpets of Iranian origin and foodstuffs into the United States" ceases to operate, and it also will not be possible to conduct operations related to Iran's acquisition of passenger airliners.

The second phase

The second stage, according to this representative of the executive branch of the US government, will begin 5 November. Prior to this, the partners and allies of the United States are given time to prepare for the introduction of restriction. "The United States will then restore the remaining sanctions that were previously withdrawn in accordance with the CAP. The final stage, as emphasized in the executive order, will imply the restoration of sanctions against Iran's operations related to oil exports and the energy sector, financial institutions that carry out operations with The Central Bank of Iran, sanctions against companies owning Iranian ports, and the shipbuilding industry, [restrictions on] provision of insurance and services for the transfer of financial messages, "said on.

The purposes of Washington

The US is trying not to overthrow the ruling regime in Iran, but to change Tehran's behavior on the world stage, the US administration said.

"Our stated policy is not to change the regime, but to modify the behavior of the Iranian regime <...>", said one of the leading briefings.

"We notice that the extremely many things that protesters demand [in Iran] are very similar to those demanded by the United States and other states," another US government official added.

"We consistently declare that if Iran starts to behave like a normal country, then a number of benefits will follow, but as long as Iran continues to export the revolution in the Middle East, destabilize the region and plunder its own people to finance all these foreign Shiite paramilitary groups, as well as [Syrian President Bashar] Asad and other dictators in the region, I think the Iranian people will continue to feel frustrated, and we support his claims, we believe he has a based complaints about the regime ... we would like to see changes in the behavior of the regime, it seems to me that the Iranian people are striving for the same thing, "said the special briefing chief.

Blocking sanctions by the European Union

The United States indicated that it was not worried about the European Union's intention to block American sanctions against Iran on its territory.

The representative of the US government in fact called for in the assessment of the situation to focus on the actions of Western private business, forced under pressure from Washington to withdraw from Iran, and not to the decisions of the European bureaucracy. "As for the EU's blocking statute, it is really necessary to look at the signals sent by companies and financial institutions, which are that, firstly, there is a deep understanding of what is happening in Iran, the fact that it is extremely difficult to determine, with whom you are in Iran doing business, whether it is about the IRGC and Al-Quds, she is convinced.The IRGC (the Corps of the "Guards of the Islamic Revolution") is the elite part of the Armed Forces of Iran, Al-Quds is part of them special service.

"Our actions over the past 90 days have shown ... that the Central Bank of Iran is involved in the financing of terrorism, companies and banks, including central banks, understand this very well, they pay attention to it and leave [from Iran]," - said the host of the briefing.

"So we are not particularly worried about this," she said, commenting on the entry into force of the blocking regulations (the set of executive legal acts of the EU), which will apply to US sanctions on Iran. The blocking regulations prohibit EU companies from complying with US sanctions that are extraterritorial in nature, allowing firms to reimburse in court the losses from the actions of third parties carrying out these restrictive measures, nullifies the effect of any foreign judgments on the implementation of US restrictions in the territory of the EU.

For his part, another representative of the administration recalled that, as previously reported by the US authorities, the US sends to other states employees of the State Department and the Ministry of Finance, persuading the host parties to close business contacts with Iran. According to him, the American emissaries carrying out such missions "have visited to date more than 20 countries, and this work will continue until the end of the year."

"We are very pleased that almost 100 international firms have announced their intention to leave the Iranian market, especially the energy and financial sectors," the representative of the administration said.

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