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Iran calls curbs 'psychological war'

Last Updated 04 May 2018, 05:05 IST

Iran on Tuesday dismissed the new US sanctions, saying they are part of a “psychological war” meant to sow discontent among Iranians and insisting the measures would not halt the country’s nuclear program.

Washington ordered the new penalties on Monday, giving US banks additional powers to freeze assets linked to the Iranian government and close loopholes that officials say Iran has used to move money despite earlier restrictions imposed by the US and Europe.

The United States and its allies suspect Iran’s nuclear programme is geared towards producing an atomic bomb. Iran denies the charge, insisting its uranium enrichment programme is only for peaceful purposes.

Rejecting the latest sanctions, Iranian Foreign Ministry spokesman Ramin Mehmanparast said Iran’s central bank has no financial transactions with the United States and would not be affected.

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(Published 07 February 2012, 18:33 IST)

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