The new sanctions imposed on Iran are not meant to incite regime change, US President Donald Trump’s Security Adviser said Tuesday amid rising tensions between the two countries.
“The policy is not regime change but we definitely want to put maximum pressure on the government,”John Bolton said in an interview with Fox news.
New US sanctions on Iran came into force on Tuesday after President Trump signed the day before an executive order for a first wave of sanctions that prevent the Islamic Republic from “purchasing of dollar banknotes, trading gold and other precious metals, and selling or acquiring various industrial metals.”
Iran under new sanctions will no longer import its Persian carpets and pistachios to the U.S., Bloomberg reports.
The move much awaited came following May withdrawal of the U.S. from 2015 nuclear accord signed between Iran and world powers. President Trump has rejected the deal and requested a new deal that suit US terms. He stresses that the deal was one-sided and failed to curb Iran’s influence in the region and nuclear program plans.
Before the sanctions were even reinforced, Iranians began demonstrating over high cost of commodities, shortage of water and the steady collapse of the national currency Rial which has lost half of its value since May.
Bolton in the interview added that implications of sanction will be more “profound” in November. The State department will on November 5 unveil new sanctions which according diplomatic sources will target Iran’s oil export.
The Trump administration wants allies to stop buying oil from Iran by November 4.
Earlier on Monday before the sanctions were announced, Bolton called on Iran to sit at the negating table with the U.S. to avoid the sanctions.
“They could take up the president’s offer to negotiate with them, to give up their ballistic missile and nuclear weapons programs fully and really verifiably not under the onerous terms of the Iran nuclear deal, which really are not satisfactory.”
“If Iran were really serious they’d come to the table. We’ll find out whether they are or not.”
Trump last week offered to meet with Iran authorities at “any time” in order to discuss a new deal. Teheran has outright dismissed the offer.