Iran denounces US new sanctions

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DM Monitoring
TEHRAN: Iran’s Foreign Ministry on Saturday slammed the recent U.S. sanctions against Iran’s construction sector.
In a statement, Foreign Ministry spokesman Abbas Mousavi said that the new U.S. sanctions against the country’s construction sector indicate Washington’s “weakness and failure.”
“Unfortunately, the U.S. diplomacy is incapable of initiatives and only relies on coercion and economic terrorism,” Mousavi said.
The spokesman urged the United States to quit “imposing repetitive sanctions … which are doomed to failure.”
On Thursday, the White House imposed sanctions on Iran’s construction sector. U.S. Secretary of State Mike Pompeo said that Iran’s construction sector is
heavily influenced by Iran’s Islamic Revolution Guards Corps (IRGC), an elite part of Iran’s army which Washington has announced as “a terrorist group.”
On Saturday, Mousavi said that rather than resorting to sanctions, Washington is better to return to the Iranian 2105 nuclear deal.
Following the exit from the nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), the United States reimposed the sanctions, mainly on
Iran’s energy and financial sectors, which had been removed under the deal.
As a reaction to Washington’s withdrawal from the JCPOA and its subsequent sanctions, and in a response to Europe’s sluggishness to save Iran’s interests under
the deal, Iran started withdrawal from its nuclear commitments in May.