The US is going to enforce a full range of sanctions against Iran, US Secretary of State Mike Pompeo declared on August 5.
“The United States is going to enforce these sanctions,” Pompeotold media after a summit of the Association of Southeast Asian Nations Regional Forum in Singapore.
Pompeo added that Iran would not be capable of going around the unilateral sanctions. He also explained the US decision by claiming that the sanctions reflect the will of the Iranian citizens.
“This is just about Iranians’ dissatisfaction with their own government,” he said. “And we want the Iranian people to have a strong voice in who their leadership will be.”
On August 7, a first round of the US anti-Iranian sanctions is kicking off. This round includes a universal ban on Iran’s access to the US dollar as well as prohibitions against the Iranian trade in gold and other precious metals among other restrictions. A second round of sanctions is set to be employed on November 4 targeting Iran’s oil exports and other issues.
Meanwhile, the European Commission announced that EU companies will continue doing legal business in Iran under the protection from Brussels despite the US sanctions.
“The lifting of nuclear-related sanctions is an essential part of the deal – it aims at having a positive impact not only on trade and economic relations with Iran, but most importantly on the lives of the Iranian people. We are determined to protect European economic operators engaged in legitimate business with Iran, in accordance with EU law and with UN Security Council resolution 2231,” the European Commission stated on August 6. “This is why the European Union’s updated Blocking Statute enters into force on 7 August to protect EU companies doing legitimate business with Iran from the impact of US extra-territorial sanctions.”