Obama: US Will Enforce Iranian Ballistic Missile Sanctions

The lifting of the sanctions, which have added 15 per cent to the cost of trading with Iran, will also save the country some US$15 billion yearly in cheaper trade, says Iran’s first Vice-President Eshaq Jahangiri.

USA sanctions imposed on Iranian entities as punishment for a recent ballistic missile test are illegitimate, the Islamic Republic has said.

That hard-line pushback also helps explain paradoxes like the fact that officials, including Foreign Minister Mohammad Javad Zarif, tout the deal’s benefits on Twitter even as Iranian censors block the site and other social media services at home.

DUBAI, United Arab Emirates – The lifting of crippling global sanctions linked to Iran’s nuclear program and the flurry of diplomacy that led to the release of Americans held by Tehran suggests a new era could be dawning. “When Americans are freed, that’s something we can all celebrate”, Obama said, according to the Bonham Journal.

“And we are going to remain vigilant about it. We’re not going to waver in the defense of our security or that of our allies and partners”, Obama said in a televised statement on Sunday morning from the White House.

Rouhani earlier said said Iranians should look forward to a “year of prosperity” after sanctions are lifted.

Within hours of the release of the Americans, the USA imposed sanctions against those involved in Iran’s ballistic missile program as a result of Tehran’s firing of a medium-range ballistic missile.

During his speech, the president also said that a fifth US citizen student, Matthew Trevithick, imprisoned by Iran was released as well separately Saturday.

Mr Rouhani said Iran should use the expected influx of investment to spark the “economic mutation” of the country, creating jobs and enhancing quality of life for Iranians, who have suffered double-digit inflation and unemployment rates for years. The deal is designed with so-called “snap-back” elements that can quickly restore sanctions if Iran is judged to be in violation of its obligations.

Many world leaders and politicians respond to the implementation of Iran’s historic nuclear deal with world powers.

$400 million in payments for military equipment that the United States sold to the shah of Iran and never delivered when he was overthrown. The decision to lift the sanctions was formally adopted by all 28 member states of the European Union (EU).

While Obama emphasized that the USA continues to have deep concerns about Iran’s destabilizing actions in the Middle East and its threats to Israel, he also opened up the prospect of Tehran working more cooperatively with the rest of the world.

In a phone conversation on Sunday evening with Post Executive Editor Martin Baron and Foreign Editor Douglas Jehl, Rezaian thanked the paper for its strong and unwavering support during the time he was held prisoner.

Kerry, in defending the agreement, said that “Iran’s recovery was fixed at a reasonable rate of interest and therefore Iran is unable to pursue a bigger tribunal award against us, preventing USA taxpayers from being obligated to a larger amount of money”.

The U.S. Treasury put out guidance to America-based companies after the deal, reminding them that “U.S. persons – including U.S. companies – continue to be broadly prohibited from engaging in transactions or dealings with Iran or its government”.

On Sunday, administration officials told reporters they delayed the penalties so as not to complicate talks over American prisoners.

Speaking at his weekly Cabinet meeting, Netanyahu said, “The Israel policy remains as it was – not to allow Iran to acquire a nuclear weapon”.