Baku, Azerbaijan, May 18
By Fatih Karimov – Trend:
The Islamic Republic underlined that will not stop its missile program amid a new round of sanctions imposed by US on Iranian and Chinese figures for supporting Iran's ballistic missile program.
Iran’s foreign ministry issued a statement saying that the country will continue its missile program in line with its “inalienable and legal right” to upgrade the country’s defensive capabilities, the ministry’s spokesman Bahram Ghasemi wrote on his Telegram channel May 18.
US President Donald Trump on May 17 extended wide sanctions relief for Iran called for under the 2015 international nuclear deal.
Trump imposed narrow penalties on seven Iranian and Chinese people and companies regarding the Islamic Republic’s ballistic missile program.
The Iranian foreign ministry statement underlined that the Islamic Republic’s missile program does not violate any of Iran’s international commitments as well as the 2231 resolution of UN.
Paragraph 3 of Annex B of resolution 2231 (2015), adopted by the UN Security Council on July 20, 2015, endorsing the JCPOA(Joint Comprehensive Plan of Action aka nuclear deal), calls upon Iran not to undertake any activity related to ballistic missiles designed to be capable of delivering nuclear warheads, including launches using such ballistic missile technology.
As a counter-measure to new US sanctions, the Islamic Republic imposed sanctions on nine US companies and individuals for “human rights violations” through direct or indirect cooperation Israel in committing “crimes against humanity or other terror acts,” participation and assistance in supporting terrorist groups in the region and repression of people in the Middle East and participation in acts against the national security of Iran, the Iranian foreign ministry statement said.
The updated list of sanctioned people and companies will be released after obtaining approval by relevant Iranian authorities.
Iran says won't stop its missile program
Latest
Latest
-
Germany-to-Kazakhstan money transfers rise 1.92% to $2.68M in August
-
President Erdoğan makes phone call to President Ilham Aliyev
-
Turkmenistan’s external quotations dip 0.02% to $97.9M
-
Heydar Aliyev Foundation VP Leyla Aliyeva highlights importance of international cooperation in fight against childhood cancer (PHOTO/VIDEO)
-
Uzbekistan seeks solar panel bids for dairy centers by Nov. 18
-
IBA tops Azerbaijan’s banks by authorized capital at $750M - ranking
-
Azerbaijani delegation attends Turkmenistan’s oil and gas forum (PHOTO)
-
Nippon Steel wins pipe supply order for Turkmenistan’s Galkynysh project (Exclusive)
-
China-Azerbaijan container route via Turkmenistan under consideration (Exclusive)
-
Azerbaijan's IBA leads banks by aggregate liabilities - ranking
-
Azerbaijani security veteran presents book “View through security prism” (PHOTO/VIDEO)
-
Iran approves 42 foreign investment applications worth $228 million
-
KazMunayGas and Belorusneft discuss oil and gas cooperation
-
PASHA Bank set to finance launch of region’s largest energy storage project in Azerbaijan
-
IBA tops Azerbaijan’s banks by assets at $9.5B – central bank
-
Uzbekistan, CIMMYT aim to cut wheat breeding to 4–5 years
-
Iran's Sina Bank raises commission income 72%
-
Azerbaijan's banks ranked by loan portfolio in Q3 2026
-
Mirziyoyev signs law to improve Uzbek Latin alphabet
-
Azerbaijan approves road transport agreement with Kyrgyzstan
-
Azerbaijan approves treaty on allied relations with Kyrgyzstan
-
Kazakhstan opens section of Western Europe-Western China corridor
-
Eni, KazMunayGas build 247 MW hybrid power plant in Kazakhstan
-
Azerbaijan approves Host Country Agreement for NAM Youth Organization
-
Azerbaijan establishes Azykh-Taghlar Archaeological Park State Reserve
-
Uzbekistan, Oppenheimer sign international financing deal
-
Turkmenistan plans to diversify gas exports across three directions
-
Azerbaijan approves amendments to Kyrgyzstan fund establishment agreement
-
Türkiye imports $1.76B Azerbaijani gas in eight months
-
Kazakhstan, Bulgaria launch joint Business Council to boost trade
-
Kyrgyzstan’s foreign trade rises 13.3% to $12B in eight months of 2026
-
Afghan TAPI section proves project feasible, official says
-
Uzbekistan, South Korea discuss smart transport, digital infrastructure
-
Turkmengaz plans to start gas supplies via Afghan section of TAPI in 2026
-
Iran plans $20 billion for imports – CBI chief
-
KazdorNII, China TransInfo Group to develop autonomous transport technologies
-
Uzbekistan vehicle insurance costs jump 282% as prices diverge
-
BOTAŞ sees potential to supply Turkmen gas to Europe via Türkiye
-
Azerbaijan can transit Turkmen electricity to Europe – deputy minister
-
KazMunayGas and Citi seek to expand partnership
-
Uzbekistan explores water cooperation with U.S. firm Aquatech International
-
Azerbaijan's AzerEnergy, World Bank delegations hold meeting
-
Kyrgyzstan’s consumer prices rise 8.1% in nine months of 2026
-
Iran seeks new export markets amid war and sanctions, minister says
-
Uzbekistan, Rockefeller Foundation discuss food security, climate ties
-
Delegation from TÜRK-AY organization visits Azerbaijan's Khankendi (PHOTO)
-
Dragon Oil seeks to extend Turkmenistan partnership beyond 2035
-
UAE’s XRG intends to expand investments in Turkmenistan’s gas sector
-
Kazakhstan’s ferroalloy exports fall 16.8% in January-August
-
Petronas has invested over $12B in Turkmenistan in 30 years - executive VP
-
Uzbekistan launches 161 projects worth $6B in Kashkadarya
-
OTS member states support expansion of digital TIR system - IRU
-
Kazakhstan, EU discuss trade, investment and Middle Corridor
-
UN highlights methane reduction, green investment potential in Turkmenistan
-
Uzbekistan, Azerbaijan launch gold mining project in Kashkadarya
-
Iran’s renewable power generation rises 3.7% month on month
-
Pakistan backs TAPI pipeline, stresses commercial viability
-
Heydar Aliyev Foundation VP Leyla Aliyeva meets with First Lady of Zimbabwe in Samarkand
-
Uzbekistan plans $150M waste-to-energy plant in Kashkadarya
-
Azerbaijan, Indonesia discuss preparations for 2027 OIC Summit (PHOTO)
-
EU companies highlight Azerbaijan’s substantial progress in renewables
-
Malaysia seeks to expand oil and gas cooperation with Turkmenistan
-
Turkmenistan prioritizes favorable investment conditions – deputy chairman
-
EU expects TRIPP to attract higher freight volumes
-
Interest in Middle Corridor’s future use remains significant – EU
-
PASHA Holding highlights AI’s impact on family, digital literacy
-
Heydar Aliyev Foundation VP Leyla Aliyeva attends opening of World Summit on Investing in Children’s Well-being in Samarkand (PHOTO)
-
Iran’s Razavi Khorasan approves $106M in foreign investment
-
Uzbekistan sets Nov. 19 deadline for 21 passenger route bids
-
EU firms show growing investment interest in Karabakh and East Zangezur
-
Kyrgyzstan’s industrial output rises 7% to $7.83B in nine months
-
Middle Corridor boosts Azerbaijan’s role as transit hub
-
EU recommends direct passenger rail link to Azerbaijan’s Alat free zone
-
Azerbaijan could establish ExImBank to support SMEs, EU says
-
Middle Corridor’s importance as transit route rising fast - EU
-
EU recommends export mentorship network for Azerbaijan
-
EU calls for Azerbaijan to establish AI-powered National Trade Portal
-
SOCAR could invest in export-oriented non-oil industries - EU
-
Middle Corridor should turn into economic ecosystem - EU
-
President of North Macedonia makes phone call to President Ilham Aliyev
-
Turkmenbashi needs container terminal for China transit - U.F.E. Shipping
-
Turkmenistan's OGT 2026 energy forum opens in Ashgabat (PHOTO)
-
Baku declares group of Turkish citizens “undesirable persons”
-
TRACECA works to harmonize information exchange standards across countries
-
EBRD to expand maritime, logistics investment along Middle Corridor
-
South Korea's money transfers to Kazakhstan rise 3.76% in August
-
New large container ships to enter service on Caspian next year
-
EBRD urges Middle Corridor shift to economic corridor
-
Tajikistan, Tunisia discuss expanding bilateral cooperation
-
EIB eyes financing of North-South railway in Azerbaijan
-
Kazakhstan’s Kurultai adopts law on customs cooperation with Pakistan
-
Azerbaijan plans risk-based tariffs for compulsory property insurance
-
Uzbekistan, U.S. company explore mechanized irrigation projects
-
Uzbekistan’s Tashkent region eyes $1.2B in investment projects
-
Kazakhstan halts illegal oil export scheme worth $99.8 million
-
Azerbaijan’s Press Council warns of fake journalist WhatsApp accounts
-
Iran’s renewable power capacity rises 4% to 6.15 GW
-
Azerbaijan’s CTC accession to simplify shipments
-
Astana International Exchange lists $10 million sukuk issued by Alif Moliya
-
About 2.3M households operate in Azerbaijan - committee's chief
-
Azerbaijan-UAE joint tactical flight drill concludes (VIDEO)
-
Azerbaijan boosts role of reinsurance in sharing cyber insurance risks
-
Kazakhstan, LACAC discuss civil aviation cooperation
-
Tajikistan and Iraq discuss expanding bilateral cooperation
-
Famous tennis player, businesswoman Maria Sharapova to visit Baku
-
Azerbaijan expands individual risk-based insurance premium calculations
-
KazTransOil’s Georgian subsidiary cuts electricity use by 23.1%, gas by 41.8%
-
Azerbaijan's economy gets satisfactory rating from 57% of European firms
-
Uzbekistan, VEON discuss expanding telecommunications infrastructure
-
Tajikistan and Pakistan seek to expand cooperation, increase trade turnover
-
EU seeks to attract investment to Azerbaijan’s strategic sectors
-
Kazakhstan, ICAO discuss civil aviation cooperation
-
Baku set to host Olive Festival (VIDEO)
-
INMerge Innovation Summit, organized by PASHA Holding, will once again bring world-renowned figures to Baku
-
Uzbekistan eyes Türkiye’s LimakPort for trade cargo shipments
-
EU-Azerbaijan Business Forum concluded in Baku (PHOTO)
-
Azeri Light increases to $119.68 per barrel
-
Kazakhstan, Uzbekistan advance customs cooperation
-
Iran’s Bushehr Province shrimp exports to Russia rise 382%
-
Kazakhstan’s nuclear agency advances cooperation with Switzerland
-
Uzbekneftegaz, China's CNPC seek to accelerate joint oil and gas projects
-
Baku meeting to bring together 48 OIC states – deputy prosecutor general
-
Azerbaijan’s envoy discusses cooperation with NATO representative
-
President Serdar Berdimuhamedov outlines gas export plans, TAPI at OGT 2026
-
Turkmengaz receives methane detection equipment under EU, GIZ project
-
Mirziyoyev, Rahman discuss UN agenda and Uzbekistan-Bangladesh ties
-
Iran releases currency exchange rates for October 21
-
Black Sea bank’s total disbursements in Azerbaijan reach €711.9M
-
Official exchange rates of Azerbaijani manat on October 21
-
Oil transportation via BTC pipeline through Türkiye falls 3.9% in September
-
EBRD’s Azerbaijan portfolio totals €881 million at end-September
-
Serdar Berdimuhamedov’s energy strategy - What are the priorities of OGT 2026
-
DCO can support Azerbaijan’s AI development through global cooperation (Exclusive)
-
DCO can contribute to attracting investment in Azerbaijan's digital economy (Exclusive)
-
DCO ready to support Azerbaijan on digital trade, cross-border data exchange (Exclusive)
-
DCO ready to support Azerbaijani startups' global market access (Interview)
-
Chronicles of Victory: President Ilham Aliyev interviewed by Japan’s Nikkei newspaper on October 21, 2020 (PHOTO/VIDEO)
-
Azerbaijan to continue efforts to determine the fate of missing persons — Shahriyar Hajiyev
-
ADB plans $500 million for Rogun hydropower plant
-
Azerbaijan is committed to preserving cultural diversity and promoting intercultural dialogue — Shahriyar Hajiyev
-
Kyrgyzstan’s grain harvest exceeds 2M tons as of September
-
Moody’s assigns (P)Baa1 rating to Samruk-Kazyna’s $1.5B note programme
-
Iran opens 21-km Ardabil-Sarcham highway section for $8.3M
-
Uzbektelecom shares surge more than tenfold in 2026
-
Georgia’s September trade deficit widens to $1.07B, year’s largest
-
Chronicles of Victory: October 21, 2020
-
Azerbaijani families of missing persons stage protest outside European Parliament (PHOTO)
-
Citigroup keeps quarterly common dividend at $0.67 per share
-
Sabah lose to Borussia Dortmund by a narrow margin – UEFA Champions League (VIDEO)
-
JPMorganChase’s security initiative tops $230B in first year
-
Uzbekistan’s Hamkorbank nine-month net profit up 16.8% to nearly $125M
-
Azerbaijan sees renewable energy, transport as key areas for Hungary ties
-
Iran's Poldasht customs exports rise 807% in value
-
Azerbaijan plays independent role globally, Hungarian envoy says
-
Kyrgyzstan, Eurasian Economic Commission discuss agro-industrial projects
-
Turkmenistan’s external quotations rise 0.9% to $97.9M
-
bp starts offshore work on $2.9B Shah Deniz compressor project (PHOTO)
-
Sumitomo expects Uzbek solar projects to start up in 2027, 2028 (Exclusive)
-
Azerbaijani MFA urges compatriots to avoid nonessential travel to France
-
Azerbaijan, Croatia discuss trade, energy, demining cooperation (PHOTO)