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Canada Imposes New Sanctions on 11 Iranian Entities Due to Nuclear Activities
Iran

Canada Imposes New Sanctions on 11 Iranian Entities Due to Nuclear Activities

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By Khalij News Agency Editorial 2 min Read time 0

Canada has recently re-imposed sanctions on 11 Iranian entities due to their involvement in Iran's nuclear and missile activities. Anita Anand, Canada's Foreign Minister, announced these measures at the G7 Foreign Ministers' meeting in Paris.

Targets of the Sanctions

The Canadian Foreign Minister stated at the meeting that these sanctions are intended to limit Iran's access to financial resources and sensitive technologies related to its nuclear and missile programs. According to Anand, "Canada's position is clear: Iran must never acquire nuclear weapons."

List of Sanctioned Entities

These 11 entities include Iran's Nuclear Fuel Production and Supply Company, the Nuclear Reactor Fuel Company, the National Iranian Oil Company, and the National Iranian Tanker Company. Other sanctioned entities include Kaleh Oil, NITC, Bank Mellat, Bank Melli, Bank of Industry and Mine, Export Development Bank of Iran, and Iran Insurance Company.

Canada had removed these entities from the sanctions list in 2016 following the 2015 nuclear agreement between Iran and world powers. However, Ottawa stated that Tehran has repeatedly failed to cooperate with the International Atomic Energy Agency, the UN nuclear watchdog, and has not adhered to the provisions of previous UN Security Council resolutions.

The United States and its European allies, along with Israel, accuse Iran of using its nuclear program to conceal efforts to develop weapon production capabilities, while Iran claims its nuclear program is solely for peaceful purposes.

An Iranian official announced last week that Tehran has presented a proposal regarding nuclear issues to the United States through Qatar, but the continuation of negotiations depends on the fulfillment of several Iranian requests by Washington. These requests include the lifting of sanctions, access to frozen assets, and war reparations.

According to this official, nuclear issues should be included in preliminary discussions. In October, Mohsen Rezaei, the head of Iran's Supreme National Security Council, stated that Tehran is considering lifting its long-standing ban on nuclear weapons if hostilities resume, although he emphasized that no decision has been made in this regard.

Source: al-monitor.com