Trump administration imposes new sanction on Iran's space agencies

Image
ANI US
Last Updated : Sep 04 2019 | 12:55 PM IST

The Trump administration has imposed new sanctions on Iran's space agencies in a move that can aggravate tensions between the two countries.

The new sanctions targeted the Iran Space Agency and two of its research institutes, Xinhua news agency reported.

Tensions between Washington and Tehran have been on the rise since May last year following US President Donald Trump's controversial decision to pull out of the deal and the subsequent reimposition of crippling sanctions aimed at strangling Iran's economy.

In its latest efforts, Washington, last month blacklisted Iranian vessel Adrian Darya 1, stating that it had "reliable information" that the ship was transporting oil to Syria in violation of European Union sanctions. In addition, the country also imposed sanctions on the ship's captain Akhilesh Kumar, reported Al Jazeera.

The vessel, officially called Grace 1, is at the centre of a confrontation between Tehran and Washington. Friday's decision implies that anyone who provides support to the tanker risks being sanctioned by the US.

Following new sanctions on space agencies, Iranian Deputy Foreign Minister Abbas Araghchi today said Tehran will not renegotiate the Joint Comprehensive Plan of Action, but good implementation of the deal can be the issue of negotiations, the state-run IRNA news agency reported.

On Tuesday, Iranian President Hassan Rouhani had also ruled out holding any bilateral talks with the United States, saying his country is strictly against any such negotiations in principle.

In an address to parliament, he noted, ''Iran was ready to further reduce its commitments to a landmark 2015 nuclear deal in the coming days if current negotiations yield no results by Thursday.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 04 2019 | 12:47 PM IST

Next Story