WASHINGTON – President Donald Trump on Monday announced that the UnitedStates is designating Iran’s elite military force, the IslamicRevolutionary Guard Corps (IRGC), a terrorist organisation.
Trump said in a statement that the “unprecedented” move “recognises thereality that Iran is not only a State Sponsor of Terrorism, but that theIRGC actively participates in, finances, and promotes terrorism as a toolof statecraft”.
Soon after Washington declared the elite unit a terrorist group, USSecretary of State Mike Pompeo warned all banks and business ofconsequences to dealing with Iran’s Revolutionary Guards.
“Businesses and banks around the world now have a clear duty to ensure thatcompanies with which they conduct financial transactions are not conductedwith the IRGC in any material way,” he told reporters.
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It is the first time that the US has designated a part of another countryas a terrorist organisation.
The designation imposes sanctions that include freezes on assets theIslamic Revolutionary Guard Corps may have in US jurisdictions and a ban onAmericans doing business with it. – APP/AFP
