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US plans to introduce sanctions over Iran’s ballistic missile program — media

December 31, 2015, 8:15 UTC+3 NEW YORK
The United Nations Security Council resolution 1929 adopted in 2010 prohibits Iran to develop and test ballistic missiles
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© EPA/MAJID ASGARIPOUR

NEW YORK, December 31. /TASS/. Washington will soon impose sanctions against certain companies and individuals for their alleged role in developing Tehran’s ballistic missile program, The Wall Street Journal has reported.

The first financial sanctions on Iran since the landmark Vienna nuclear deal in July will target at least a dozen of companies and individuals in Iran, the United Arab Emirates and Hong Kong suspected of ties with Iran’s entities involved in missile development.

The planned action will envisage a ban on the US companies to have ties with the blacklisted firms. "US banks are also ordered to freeze any assets the companies or individuals hold inside the American financial system," the report says.

Earlier this month, the Fox News TV channel reported citing a source in the US government that Iran tested a medium-range ballistic missile on November 21. On October 11, Iran’s Defense Ministry also said a successful test of a missile was carried out.

The United Nations Security Council resolution 1929 adopted in 2010 prohibits Iran to develop and test ballistic missiles.

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