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14 August 2017, 12:07 | Ken Black
Win McNamee Getty Images
The 27-article draft was endorsed after it was brought forward in Parliament by the National Security and Foreign Policy Commission in July.
Iran's parliament has voted in favour of boosting investment in its missile defence and foreign operations programmes by more than $500m (£386m).
Iran's parliament voted to boost spending on its elite Revolutionary Guards force and missile program in response to new US sanctions.
Representing the government, Iranian Deputy Foreign Minister for Legal and International Affairs Abbas Araqchi, who served as a senior negotiator in the nuclear talks with the P5+1 powers, described the legislation as "wise", adding that the government of President Hassan Rouhani will support it.
According to the bill, Iran's combined government and military apparatus is tasked with devising a comprehensive strategic plan to counter the "US threats" within a period of six months following ratification of the bill.
The bill mandates the government to allocate an additional $260 million for the "development of the missile programme" and the same amount to the Revolutionary Guards's foreign operations wing, the Quds Force, state news agency IRNA said. The launch did not violate the terms of the 2015 nuclear treaty between the United States, Iran and Western nations, but the move was strongly criticized by the US and other Western allies.
The additional United States sanctions put in place last month directly target the missile programme and the IRGC. "Iran boasts potential and actual options to confront hostile U.S. actions".
The bill tasks Foreign, Intelligence, and Defense Ministries, Iran's Army, and its Islamic Revolution Guards Corps (IRGC), and its Quds Force to produce a comprehensive strategy aimed at countering U.S. threats.
The blacklisted individuals will be denied Iranian visas, their assets will be frozen by Iran's Judiciary, and their bank accounts blocked by its Ministry of Economy.
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