Iran's parliament votes to increase missile funds following United States sanctions

Iranian President Hassan Rouhani speaks in a campaign rally for May 19 presidential election in Tehran Iran. Iranians head to the polls Friday to vote in the Islamic Republic's presidential election

Related Image Expand Collapse Iran's President Hassan Rouhani speaks in Tehran

Lawmakers on August 13 overwhelmingly approved the outlines of the bill to "counter America's terrorist and adventurist actions" as some chanted "Death to America", state-controlled television reported.

The legislative move by Iran follows US President Donald Trump's signing of a sanctions bill on Russia, Iran and North Korea on August 2.

The 27-article draft was endorsed after it was brought forward in the Parliament by the National Security and Foreign Policy Commission in July.

The measure would allocate about $260 million each to Iran's ballistic-missile program and the Quds Force, the external branch of the IRGC that is said to be active in Syria and Iraq.

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"The bill is backed by the foreign ministry and the government and is part of measures by the JCPOA supervision committee to confront the recent US Congress law", deputy foreign minister Abbas Araghchi.

"The plan should be aimed at addressing the United States bullies and threats against the Islamic Republic of Iran, Washington's hegemonic, terrorist and divisive policies, its illegal military and security interferences in the region, and the USA military and intelligence support of terrorism and extremism".

They entities include USA military and security organizations and their commanders who have provided effective financial, intelligence, military, logistic and training backing for the terrorists in the region, especially those of Daesh and al-Nusra Front.

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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