World Iran sees no arms buying spree as it expects U.N. embargo to end

03:05  18 october  2020
03:05  18 october  2020 Source:   reuters.com

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The arms embargo was designed to prevent Iran from buying and selling weapons, including aircraft and tanks. Western intelligence agencies along with U . N . officials have determined that missiles used in an attack on a Saudi Arabian oil facility last year were manufactured in Iran , as were weapons

The UN Security Council rejected a US proposal to extend the conventional weapons embargo on Iran Friday.

DUBAI (Reuters) - Iran said it was self-reliant in its defense and had no need to go on a weapons buying spree as a United Nations conventional arms embargo was due to expire on Sunday despite strong U.S. opposition.

Mohammad Javad Zarif wearing a suit and tie: FILE PHOTO: Russia's Foreign Minister Sergei Lavrov meets his Iran's counterpart Mohammad Javad Zarif in Moscow © Reuters/RUSSIAN FOREIGN MINISTRY FILE PHOTO: Russia's Foreign Minister Sergei Lavrov meets his Iran's counterpart Mohammad Javad Zarif in Moscow

"Iran’s defense doctrine is premised on strong reliance on its people and indigenous capabilities ... Unconventional arms, weapons of mass destruction and a buying spree of conventional arms have no place in Iran's defense doctrine," said a Foreign Ministry statement carried by state media.

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IRAN is reportedly ready to buy and sell weapons with "many friends" as a UN arms embargo The decade-old UN restrictions that stop Iran from trading weapons are set to end on Sunday. Iran warns it ’s ‘ready for war’ with US as it reveals new ballistic missile that could destroy American bases.

Tehran, Iran – An international conventional arms embargo on Iran , imposed 13 years ago by the United Nations Security Council (UNSC), will officially “The Islamic Republic of Iran has shown once more that the US is not so much of a superpower as it likes to state,” he told reports, adding the end

The 2007 Security Council arms embargo on Iran was due to expire on Sunday, as agreed to under the 2015 nuclear deal among Iran, Russia, China, Germany, Britain, France and the United States that sought to prevent Tehran from developing nuclear weapons in return for economic sanctions relief.

Tensions between Washington and Tehran have soared since U.S. President Donald Trump in 2018 unilaterally withdrew from the deal, however.

In August, the Trump administration triggered a process aimed at restoring all U.N. sanctions, after the U.N. Security Council rejected a U.S. bid to extend the conventional arms embargo on the country.

"Today's normalization of Iran’s defense cooperation with the world is a win for the cause of multilateralism and peace and security in our region," Iranian Foreign Minister Mohammad Javad Zarif said on Twitter.

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Just one country joins US in vote, highlighting Washington’s isolation as it seeks more drastic action against Iran .

Iran said on Wednesday the move showed the US was “forced to retreat” from its original resolution and predicted its new arms embargo push would fail at the Security Council. Iran ’s President Hassan Rouhani also warned of “consequences” if the UN Security Council backs the new American resolution.

Days after triggering the process, U.S. Secretary of State Mike Pompeo warned Russia and China not to disregard the reimposition of all U.N. sanctions on Iran which Washington has demanded.

When asked whether the United States would target Russia and China with sanctions if they refuse to reimpose the U.N. measures on Iran, Pompeo said: "Absolutely."

"We have already done that, where we have seen any country violate ... the current American sanctions, we've held every nation accountable for that. We'll do the same thing with respect to the broader U.N. Security Council sanctions as well," he said.

Iran has developed a large domestic arms industry in the face of international sanctions and embargoes that have barred it from importing many weapons.

Western military analysts say Iran often exaggerates its weapons capabilities, although concerns about its long-range ballistic missile program contributed to Washington leaving the Iran nuclear deal.

(Reporting by Dubai newsroom; Editing by Daniel Wallis and Sonya Hepinstall)

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President Donald Trump's administration imposed sweeping sanctions Thursday on Iran's banking sector, taking a major new step to cripple the arch-rival's already struggling economy weeks ahead of US elections. "Because of Donald Trump's unilateral approach to foreign policy, coupled with his isolationism, he pulled us out and has made America less safe," she said.The Treasury Department said it was designating 18 major Iranian banks, a move that could largely cut off the nation of 80 million people from the world's financial system just as it tries to cope with the Middle East's worst Covid-19 outbreak.

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