Iran parliament increases missile funds in response to US sanctions - News Summed Up

Iran parliament increases missile funds in response to US sanctions


Tehran: Iran’s parliament voted on Sunday to allocate $520 million to develop its missile programme to fight Washington’s “adventurism” and sanctions, and to boost the foreign operations of the country’s Revolutionary Guards. A total of 240 lawmakers voted for the bill, out of the 244 parliamentarians present. The vote came after fresh US sanctions in July against Iran, targeting Tehran’s missile programme. He was referring to a 2015 nuclear deal with world powers, known officially as the JCPOA, under which Iran agreed to strict limits on its nuclear programme in exchange for an easing of sanctions. The bill mandates the government to allocate an additional $260 million for the “development of the missile programme” and the same amount to the Revolutionary Guards’s foreign operations wing, the Quds Force, state news agency IRNA said.


Source: Mint August 13, 2017 08:15 UTC



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