US Imposes New Ballistic Sanctions On Iran, Day After Many Penalties Lifted

“There are some mechanisms that we will use to solve disputes if they violate the agreement”.

Hossein Jaber Ansari, an Iranian foreign ministry spokesperson, said in response that Iran’s missile programme had never been created to be capable of carrying nuclear weapons and was legal.

The US Department of the Treasury said in a statement on Sunday that it has imposed new sanctions on several individuals and firms over Iran’s ballistic missile program, claiming that the program “poses a significant threat to regional and global security”. The move was delayed by more than two weeks so as not to endanger the weekend’s prisoner release.

“Yes – I think we had a separate track going on that”, he said.

The president pointed out that a priority will be given to countries that continued to trade with Iran despite the economic sanctions.

He also said the nuclear deal is working and that, under its regime of inspections and requirements, Iran doesn’t have enough material for a single nuclear bomb and that the core of a nuclear reactor has been pulled out and filled with concrete.

Iranian-US ties broke down in 1979 after revolutionaries – angered at US support for the Iran’s deposed monarch – stormed the American embassy and took hostages.

Hekmati, Rezaian and possibly other Americans released as part of a swap with Iran were also on the flight headed to Landstuhl, Germany, an official with knowledge of the flight told the Free Press, speaking on background because the information hadn’t been made public yet.

Iran’s President Hassan Rouhani, whose 2013 election helped launch the Herculean diplomatic effort toward the July 14 Vienna deal, said the lifting of sanctions was a “glorious victory” for the “patient nation of Iran”, adding that it heralded a new chapter in Teheran’s relations with the world and skeptics have been “all proven wrong”.

“The agreement provides for the simultaneous lifting or suspension of a large portion of the worldwide sanctions against Iran in return for IAEA-verified restrictions to Iran’s nuclear programme” the cabinet noted.

Obama hailed the release of five Americans who had been held in Iran, as three of them were on their way to Switzerland.

Already there are some 38 million barrels of oil in Iran’s floating reserves, ready to enter the market, according to the International Energy Agency.

He described the negotiations as hard, especially as the Iranians made what he said were unacceptable demands.

Any U.S. move to unilaterally undercut the agreement would be viewed poorly by the other world powers involved in the agreement, said Davenport.

A senior administration official said that since October 18, Iran had shipped about 25,000 pounds of enriched nuclear material to Russian Federation, reducing its nuclear stockpile by 98 percent and reducing its number of centrifuges by two-thirds.