US Imposes Sanctions on Iran in Response to Ballistic Missile Test

On February 3, the U.S. Treasury Department announced sanctions on more than two dozen Iranian, Chinese, and Emirati businesses and individuals that they say support Iran’s ballistic missile program. The sanctions, the first in over a year, come in response to Iran’s January 29 flight test of its Khorramshahr medium-range ballistic missile. John Smith, the acting director of Treasury’s Office of Foreign Asset Control said “Iran’s continued support for terrorism and development of its ballistic missile program poses a threat to the region, to our partners world-wide and to the United States” and that the United States will “continue to actively apply all available tools, including financial sanctions, to address this behavior.” The Treasury Department argues that the Joint Comprehensive Plan of Action (JCPOA) permits the imposition of sanctions on individuals or businesses that support either terrorism or Iran’s ballistic missile program. However, Iranian officials have argued that any sanctions placed on Iran violate the deal.