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Iran imposes sanctions on US think tank

AP  |  Dubai 

Iran's Foreign Ministry has imposed sanctions on the Washington-based Foundation for Defense of Democracies and its CEO for its role in promoting sanctions and "economic terrorism" against Iran.

The think tank, which led criticism in Washington of Iran's 2015 nuclear deal with world powers, did not immediately respond to a request for comment.

A Saturday report by Iranian media, including the semi-official Fars agency, quoted a statement by Iran's Foreign Ministry as saying the foundation and its CEO Mark Dubowitz "intentionally" damaged vital interests of Iran through spreading lies and negative campaigning against Iran.

The statement also said the sanctions can be followed by taking judiciary actions against the foundation and Dubowitz and Iranian colleagues.

Under a 2017 law, Iran has occasionally imposed sanctions on American bodies.

But like US sanctions, they have little effect unless a person actively uses the Iranian financial system.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 24 2019. 23:05 IST