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Iran increases funds for missile programmes in response to US sanctions

Tehran: Iran's parliament voted on Sunday to allocate $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.

File image of Iran president Hasan Rouhani. AP

File image of Iran president Hasan Rouhani. AP

"The Americans should know that this was our first action," said speaker Ali Larijani, after announcing an overwhelming majority vote for a package "to confront terrorist and adventurist actions by the United States in the region".

A total of 240 lawmakers voted for the bill, out of the 244 parliamentarians present.

The vote came after fresh United States sanctions in July against Iran, targeting Tehran's missile programme.

"The bill is backed by the foreign ministry and the government and is part of measures by the JCPOA supervision committee to confront the recent United States Congress law," deputy foreign minister Abbas Araghchi.

He was referring to a 2015 nuclear deal with world powers, known officially as the JCPOA, under which Iran agreed to strict limits on its nuclear programme in exchange for an easing of sanctions.

The bill mandates the government to allocate an additional $260 million for the "development of the missile programme" and the same amount to the Revolutionary Guards's foreign operations wing, the Quds Force, state news agency IRNA said.

After Larijani announced the vote results, lawmakers shouted: "Death to America".


Updated Date: Aug 13, 2017 13:59 PM

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