U.S. imposes sanctions against Iran central bank governor

Adjust Comment Print

Iran also claims to have been more responsible than any other nation for military breakthroughs that have nearly cleared Islamic State from Syria and Iraq, and in June past year suffered twin Islamic State terrorist attacks in Tehran that left 13 dead.

"The United States will not permit Iran's increasingly brazen abuse of the worldwide financial system", Treasury Secretary Steven Mnuchin said.

Iran and the remaining parties -Russia, China, Britain, France and Germany- have launched negotiations to save the nuclear agreement in such a way that Tehran's benefits from the deal are secured. US officials were reaching out Tuesday to central banks in other countries in the Middle East and Europe to inform them of the sanctions and encourage them to immediately freeze assets the bank has overseas. Those Western "hard currencies" could then be used to fund extremist elements, such as in Lebanon and Syria.

There was no quick remark Tuesday evening from Iranian officers.

Iran's foreign minister had said last week that the nation will not renegotiate the 2015 Iran nuclear deal.

Soon afterwards, Iranian Foreign Minister Mohammad Javad Zarif kicked off a diplomatic tour of Beijing, Moscow and Brussels for talks on ways to protect the deal and see if Iran's interests could be protected with the United States gone.

More news: STALKER 2 Revealed, Coming in 2021
More news: Messi: Neymar In Real Madrid Will Be 'Terrible,' No Competition With Ronaldo
More news: Melania Trump's successful embolization treatment casts spotlight on interventional radiology

According to AFP, US officials are pushing for a "North Korea scenario" in Iran, a reference to severe sanctions that Washington believes brought Kim Jong-un to halt missile and nuclear testing. The US has long done this as a way of preventing European and Asian businesses making deals with Iran, despite global sanctions no longer barring such deals. Secondary sanctions also apply to non-Americans and non-US companies. That signifies that anybody, in any nation, who does enterprise with Seif or Tarzali might themselves be punished with sanctions, reducing them off from the USA monetary system. Seif is the governor of the Iranian central bank. Seif frequently visits Washington to attend meetings of the International Monetary Fund.

He has helped information Iran's financial system by way of the net of earlier sanctions positioned on that nation. Still, the U.S. said it was imposing "secondary sanctions" on the Iranian bank officials, which could significantly increase Iran's isolation from the global financial system.

Yet Seif is also under attack inside Iran.

The Trump administration is designating the head of Iran's central bank as a terrorist and hitting him with sanctions meant to further isolate Iran from the global financial system.

Although the sanctions do not technically extend to the central bank itself, they could significantly increase Iran's isolation from the global financial system.

Lebanon's Hezbollah, the highly effective Shiite guerrilla power that can also be a outstanding political participant in Lebanon, has lengthy helped perform Iran's global coverage targets within the Arabic-speaking world. Hezbollah and Iran are helping to prop up the Assad regime in its civil war.