The Canadian Ministry of Foreign Affairs announced the reimposition of economic sanctions on 11 Iranian entities, pursuant to the Special Economic Measures Regulations concerning Iran. This announcement came in a statement published on the official website of the Government of Canada, on Tuesday, in the capital, Ottawa.
The Ministry clarified that the decision targets these entities due to their involvement in sensitive proliferation-related nuclear activities, or in the ballistic missile program, or in financing harmful activities. This step comes within the framework of efforts aimed at disrupting Iranian financial networks supporting the nuclear program, and limiting Iran's access to sensitive technologies and the necessary financing.
Synchronization with the G7 meeting
Canada indicated that this step coincides with the meeting of the foreign ministers of the Group of Seven (G7) in Paris. It called on Iran to comply with its international obligations, resume full cooperation with the International Atomic Energy Agency without delay, and return to negotiations.
History of sanctions
The Ministry added that it calls for coordination with G7 partners and the international community to reach a comprehensive, verifiable, and lasting agreement addressing the Iranian nuclear program, and enhancing regional and international security. Canada has imposed sanctions since 2010 on more than 500 individuals and Iranian entities under the Special Economic Measures Act and the Justice for Victims of Corrupt Foreign Officials Act.
Return of delay
Canada removed these entities from the lists in 2016, acknowledging Iran's progress under the Joint Comprehensive Plan of Action of 2015, which established measures to ensure the Iranian nuclear program remains peaceful only, after which Tehran returned to procrastination and non-cooperation with the International Atomic Energy Agency.
Source: Syrian Arab News Agency (SANA)
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