UN reinstates dozens of Iran-related sanctions after 'snapback' mechanism triggered

ISTANBUL: The United Nations (UN) reinstated dozens of sanctions against Iran on Sunday after three European countries triggered a "snapback" mechanism, restoring restrictions that had been suspended for nearly a decade, Anadolu Ajansi (AA) reported.

AI Brief

The E3 (France, Germany, UK) triggered the UN snapback mechanism, restoring sanctions on Iran for breaching nuclear commitments.
Iran had suspended cooperation with the IAEA after US and Israeli attacks, accusing the agency of bias.
The renewed sanctions target Iran's nuclear and missile programs and are expected to impact its economy significantly.

The sanctions target 43 individuals and 78 entities previously listed before July 2015, when the Iran nuclear deal was signed.

France, Germany and the UK invoked the "snapback" mechanism under UN Security Council Resolution 2231 on Sunday, which requires sanctions to be restored within 30 days if Iran fails to meet its obligations.

After United States (US) and Israeli attacks on Iran earlier this year, Tehran suspended cooperation with the UN nuclear watchdog, alleging that the International Atomic Energy Agency (IAEA) was biased against it.

The sanctions were reimposed for the first time in a decade on Sunday after the three countries accused Tehran of violating its nuclear obligations.

The measures ban dealings related to Tehran's nuclear and ballistic missile programmes and are expected to have wider effects on the country's economy.

-- BERNAMA