Iran hikes missile funds to hit out at United States sanctions

Iranian President Hassan Rouhani speaks in a campaign rally for May 19 presidential election in Tehran Iran. Iranians head to the polls Friday to vote in the Islamic Republic's presidential election
Related Image Expand Collapse Iran's President Hassan Rouhani speaks in Tehran
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13 August, 2017

Iranian officials have said the country's missile programme was for deterrent purposes.

Iran's parliament voted on Sunday to allocate US$520 million to develop its missile programme to fight Washington's "adventurism" and sanctions, and to boost the foreign operations of the country's Revolutionary Guards.

State-run IRNA news agency reported that 247 lawmakers attended the vote session, with 240 approving the spending plan and one lawmaker abstaining.

The Quds Force leads Iran's military role in Syria and Iraq.

Iran's lawmakers have overwhelmingly approved a motion in response to recent USA sanctions, voting to boost spending on Tehran's missile program and the Islamic Revolution Guards Corps (IRGC).

Washington's new sanctions violate a 2015 nuclear deal with Iran both "in letter and spirit".

Abbas Araghchi, a deputy foreign minister and senior nuclear negotiator on hand for the vote, said a moderate President Hassan Rouhani's government would support the bill.

Araghchi said that the Iranian bill was a far-reaching response to the measures passed by US Congress that Iranian media have called the "mother of sanctions" because they sum up all existing anti-Iran sanctions.

The plan would require Iran's government and armed forces to draw up a strategy to counter United States violations of human rights around the world, and to support Iranian bodies and individuals affected by United States sanctions.

The bill tasks Foreign, Intelligence, and Defense Ministries, Iran's Army, and its Islamic Revolution Guards Corps (IRGC), and its Quds Force to produce a comprehensive strategy aimed at countering United States threats.

The bill also mandates the economy ministry to prioritise deals with countries and companies that ignore financial and military sanctions on Iran.

Therefore, the following entities won't be granted a visa to enter Iran, and they are not going to be allowed to do any transactions at the Iranian banks.

It orders the foreign ministry and the judiciary to take measures to protect Iranians in U.S. prisons for violation of sanctions or facing persecution and extradition elsewhere.


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