U.S. reliance on sanctions "out of control" - Iran foreign minister
GENEVA (Reuters) - U.S. reliance on sanctions is 'out of control', Iranian Foreign Minister Mohammad Javad Zarif said on Wednesday
GENEVA (Reuters) - U.S. reliance on sanctions is "out of control", Iranian Foreign Minister Mohammad Javad Zarif said on Wednesday.
The U.S. Treasury on Tuesday sanctioned two Iranian banks and a handful of firms allegedly linked to the Basij militia over what Washington said was its recruitment and training of child soldiers for Iran's elite Revolutionary Guards.
Tensions between Iran and the United States spiked after President Donald Trump withdrew from a multilateral agreement on Iran's nuclear programme in May and reimposed sanctions in August.
U.S. officials have said a new set of sanctions targeting Iran's oil industry, will be imposed on Nov. 4.
"U.S. addiction to sanctions is out of control," Zarif wrote in a post on Twitter.
He said in the tweet that one of the banks was vital for food and medicine imports and seemed to suggest it was not close to the militia - a volunteer force mainly involved in Iran's internal security operations - without naming it directly.
"Iranian private bank key to food/medicine import is designated because of alleged EIGHT degrees of separation w/ another arbitrary target. In comparison, all humans on planet are connected by SIX degrees of separation. You do the math," Zarif said on Twitter.
Earlier, Foreign Ministry spokesman Bahram Qassemi railed against the "spitefulness" of the U.S. government in imposing the sanctions, according to the Islamic Republic News Agency.
Renewed sanctions could shrink Iran’s exports of oil and other goods, leaving the rial currency more volatile and banks facing financial difficulties.
Protests linked to the economic situation in Iran erupted last December, spreading to more than 80 cities.
Sporadic protests, led by truck drivers, farmers and merchants, have continued since then and have occasionally resulted in violent confrontations with security forces.
(Reporting by Babak Dehghanpisheh; Editing by Alison Williams)
This story has not been edited by Firstpost staff and is generated by auto-feed.
By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
BEIJING Chinese President Xi Jinping on Wednesday called for greater efforts to make the country's navy a world class one, strong in operations on, below and above the surface, as it steps up its ability to project power far from its shores.China's navy has taken an increasingly prominent role in recent months, with a rising star admiral taking command, its first aircraft carrier sailing around self-ruled Taiwan and a new aircraft carrier launched last month.With President Donald Trump promising a US shipbuilding spree and unnerving Beijing with his unpredictable approach on hot button issues including Taiwan and the South and East China Seas, China is pushing to narrow the gap with the U.S. Navy.Inspecting navy headquarters, Xi said the navy should "aim for the top ranks in the world", the Defence Ministry said in a statement about his visit."Building a strong and modern navy is an important mark of a top ranking global military," the ministry paraphrased Xi as saying.