Iran Parliament Increase Missile Funds After US Sanctions

Iran Parliament Increase Missile Funds After US Sanctions

Iran Parliament Increase Missile Funds After US Sanctions

The legislative move by Iran follows US President Donald Trump's signing of a sanctions bill on Russia, Iran and North Korea on August 2.

The US imposed sanctions after a ballistic missile test in January.

State-run IRNA news agency reported that 247 lawmakers attended the vote session, with 240 approving the spending plan and one lawmaker abstaining.

Iran's parliament has voted in favour of boosting investment in its missile defence and foreign operations programmes by more than $500m (£386m).

Iran's parliament on Sunday approved an increased budget for the country's ballistic missile programme and the regional operations of its Revolutionary Guard, in defiance of U.S. sanctions imposed last month over Tehran's testing of new missile technology.

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Iran denies its missile programme violates a United Nations resolution that endorsed Tehran's 2015 nuclear deal with world powers and calls upon the Islamic Republic not to conduct activities related to ballistic missiles created to deliver nuclear weapons.

It also took into account America's enmity towards the Iranian government and people and their interests through supporting terrorism and violent extremism, as well as taking adventurous actions, creating divisions, and stoking sectarianism.

The Iranian legislation must pass a second vote before submission for final approval.

Representing the government, Iranian Deputy Foreign Minister for Legal and International Affairs Abbas Araqchi, who served as a senior negotiator in the nuclear talks with the P5+1 powers, described the legislation as "wise", adding that the government of President Hassan Rouhani will support it.

A number of recent close encounters between USA ships and Iranian vessels in the Gulf have added to the tensions between the two countries.

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