Middle East

Iran Aims To Boost Defense Spending In Response To US Sanctions

The Iranian Parliament approved a bill that would increase spending for the country's ballistic missile program and Revolutionary Guard Corps.

Iran Aims To Boost Defense Spending In Response To US Sanctions
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Iran's Parliament just voted to boost its defense spending in response to U.S. sanctions.

The vote was nearly unanimous. The bill will have to pass another vote before it's approved.

If approved, the bill would give additional funds to the Revolutionary Guard Corps' expeditionary force fighting in Syria and Iraq.

It would also set aside money to develop its ballistic missile program. But Iran's top nuclear negotiator says the bill doesn't do anything to violate the 2015 agreement aimed at curbing Iran's nuclear missile program.

US Sanctions Might Affect More Than Russia, Iran And North Korea
US Sanctions Might Affect More Than Russia, Iran And North Korea

US Sanctions Might Affect More Than Russia, Iran And North Korea

A top European Union leader warned U.S. sanctions "could have unintended unilateral effects that impact the EU's energy security interests."

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The Trump administration recently renewed that deal. But Trump has been critical of it; he signed new sanctions in early August against Iran for human rights violations, its missile program and alleged support for regional terror groups and militias.

Iranian President Hassan Rouhani, in turn, called the sanctions a violation of the deal and said it was proof "that the U.S. can't be trusted." The recently re-elected Rouhani said, "Iran will not be the first to pull out of the nuclear deal, but it will not remain silent about America's repeated violations."