Iran Adds Funding to Missiles, Guards After New US Sanctions

  • Iran Adds Funding to Missiles, Guards After New US Sanctions

Iran Adds Funding to Missiles, Guards After New US Sanctions

The legislation would divide 20 trillion rials, or $609 million, between the missile program and the Quds Force, a special forces unit of the nation's Revolutionary Guards.

In a session this morning, 240 Iranian lawmakers voted for the bill to confront "America's terrorist and adventurous actions" in the region. The vote comes amid growing tensions with the United States over the Iranian nuclear deal, which President Trump has said he would like to see cancelled.

As some lawmakers chanted "Death to America", Iran's parliament on August 13 granted its initial approval for increased funding of Teheran's missile program and the Islamic Revolutionary Guard Corps (IRGC) Quds Force.

"The bill has very wisely tried not to violate the JCPOA [Joint Comprehensive Plan of Action] and also give no chance to the other party to manipulate it", Deputy Foreign Minister Abbas Araqchi said, as cited by IRNA news agency.

In response to the launch, President Trump signed a bill outlining new sanctions against several Iranian groups, freezing funds and outlawing USA citizens from doing businesses with the targets.

Mr Trump has recently backed away from his key campaign promise to withdraw from the nuclear agreement. Araghchi said that the Iranian bill was a far-reaching response to the measures passed by US Congress that Iranian media have called the "mother of sanctions" because they sum up all existing anti-Iran sanctions.

The motion was designed in view of continued bellicose policies of the U.S. towards Iran, and its persisting measures aimed at endangering peace and security in the region, it said.

The bill includes Iran's countermeasure plans for any United States acts of exploitation and terrorism in the region, as well as the Western country's hostile moves that undermine the successful implementation of Iran's nuclear deal, dubbed JCPOC, which went into effect in January 2016.