04:22 GMT17 February 2020
Listen Live
    Get short URL

    White House national security adviser John Bolton said in an interview on Fox News on Monday that if Iran wants to avoid the US sanctions, it should agree on Donald Trump's offer and hold negotiations.

    "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," Bolton said.

    At the same time, the official noted that Tehran's threats to block the Strate of Hormuz would be the country's worst mistake, though he didn't believe Iran would do so.

    READ MORE: 'Main Beneficiary of US Sanctions on Iran Will Be China' — Political Commentator

    According to the US Treasury, starting from August 6, the sanctions will be reinstated on the purchase of Iran's sovereign debt and Iranian rials. The punitive measures will also apply to Iran's trade in gold and precious metals, sale to and from Iran of aluminum, steel, coal and certain types of software. The restrictions will also extend to Iran's automotive industry as well as on the purchase of US dollars by the Iranian government.

    On May 8, US President Donald Trump announced that Washington was withdrawing from the 2015 Iran nuclear deal and would be reinstating sanctions on Tehran. The decision gave foreign companies grace periods of 90 to 180 days to stop trading with Iran.


    Iran to Ease Currency Exchange Regulations Ahead of US Sanctions
    Pompeo Vows to 'Enforce' US Sanctions Against Iran - Reports
    Saudis Reportedly Admit First Iranian Diplomat Since Relations Severed in 2016
    negotiations, sanctions, John Bolton, Iran, United States
    Community standardsDiscussion
    Comment via SputnikComment via Facebook