Iran's Parliament Increases Spending On Missile Program

The Iranian parliament has approved a bill to counter "terrorist and adventurous actions" of the U.S. in the region.

In response to the launch, President Trump signed a bill outlining new sanctions against several Iranian groups, freezing funds and outlawing US citizens from doing businesses with the targets.

Iran's parliament has overwhelmingly voted to increase spending on its ballistic missile program and its paramilitary Revolutionary Guard in response to recent new American sanctions.

The general outlines of the motion were passed with 240 votes in favour and one abstention during an open parliamentary session, Xinhua news agency reported.

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Tehran says this violates the 2015 nuclear deal, which US President Donald Trump has called "the worst ever" and threatened to tear up.

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.

Araghchi, also in defense, said the countermeasure bill is "much stronger" than US Congress bill against Iran, since it also extends support to the Islamic Republic's armed forces and all related ministries.

It mandates the government to allocate an additional Dollars 260 million for the "development of the missile programme" and the same amount to the Revolutionary Guards' foreign operations wing, the Quds Force, state news agency IRNA said.

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"The bill has very wisely tried not to violate the JCPOA (nuclear deal) and also give no chance to the other party to manipulate it", Araqchi said.

But last month he backed away from his pledge to withdraw from the agreement.

"Iran boasts potential and actual options to confront hostile United States actions", said Araqchi.

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

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