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Russia call US sanctions on business entities “erroneous”

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Russia call US sanctions on business entities “erroneous”

Russia-US tit-for-tat diplomacy expands

The ongoing diplomatic tussle between Russia and US, which was triggered after alleged poisoning of a former spy Sergei Skripal and his daughters in UK by nerve gas agent, is being expanded on each passing day.

Friday witnessed US Treasury Department announcing new sanctions against seven Russian oligarchs and several government officials and business entities. Russians have called the sanctions against businesses a result of their refusal to Washington’s scenario.

Reacting to the US move, Russian embassy in Washington, in a statement on Friday said, “Washington has delivered yet another blow on the Russian-US relations. Now, the sanctions cover captains of Russian business who refuse to play to Washington’s scenario.”

It said that the US sanctions are seen as an erroneous step killing the freedom of enterprise and competition and impairing integration processes in the global economy.

Read More:- US, EU and allies expel 113 Russian diplomats

“The United States has made yet another erroneous step to destroy the freedom of enterprise and competition, to impair integration processes in the global economy,” the embassy said.

The Assets of all 24 people from Russia and 15 organisations that fall under the US sanctions and under jurisdiction have been blocked and American entities are banned from dealing with them.
The US Department of Treasury announced the sanctions against the Russian business entities, individuals and government officials for their alleged “worldwide malign activity”.

Read More:- Russia expels 59 diplomats from 23 countries, crisis expands

“Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government’s destabilising activities,” a statement from the treasury department said on Friday.

“The Russian government engages in a range of malign activity around the globe, including continuing to occupy Crimea and instigate violence in eastern Ukraine, supplying the Assad regime with material and weaponry as they bomb their own civilians, attempting to subvert Western democracies and malicious cyber activities,” it added.

Washington’s move against the Russian business houses and individuals would mean that their assets will be frozen in the US, while Americans will be blocked from doing business with them.

The United States’ new anti-Russian sanctions cover those biggest Russian businesses that refuse to play to Washington’s scenario, the Russian embassy in the United States said in a statement on Friday.

“Washington has delivered yet another blow on the Russian-US relations. Now, the sanctions cover captains of Russian business who refuse to play to Washington’s scenario,” the embassy said.

The United States introduced sanctions on Friday against seven Russian businessmen, twelve companies under their control and 17 officials, a senior government official told reporters.

The assets of all 24 people from Russia and 15 various organizations that fall under the US sanctions and under US jurisdiction have been blocked, and American entities are banned from dealing with them, according to the US Treasury Department.

Following the alleged murder attempt of Skripals by nerve agent on British soil, UK government had expelled 23 diplomats from London which was reciprocated by Russian Foreign Ministry with expulsion of similar number of British diplomats.

Read More:- Russia retaliates: expels 23 British diplomats, close British Council

US administration also expressed solidarity with UK by expelling 60 Russian diplomats from its soil. Moscow took similar step against US diplomats. More than 20 other countries, including NATO members also expelled a large number of Russian diplomats.

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Iranian President Pezeshkian at UN says Iranians have been victims of US terrorism

Iranian President Masoud Pezeshkian said at the UN General Assembly that Iranians had been victims of US terrorism and insisted that Iran had acted in self-defence.

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Iranian President Masoud Pezeshkian accused the United States of subjecting Iranians to what he described as terrorism while addressing the United Nations General Assembly on Wednesday.

Pezeshkian said Iran had defended itself against attacks and rejected the characterisation of the country as a terrorist actor. His remarks came during a rare wartime appearance at the UN as tensions between Iran and the United States remain high.

Pezeshkian accuses US and Israel of attacks

Speaking at the General Assembly, Pezeshkian said Iranian civilians had been targeted by attacks and described the actions against his country as aggression.

“We have only defended ourselves. We are not terrorists,” he said, according to the report.

Pezeshkian also accused the United States and Israel of attacking Iran, while maintaining that Tehran’s response was an act of self-defence.

The Iranian president displayed photographs of former Supreme Leader Ali Khamenei and more than 150 schoolchildren who, according to his account, were killed during the early days of the conflict.

Iran’s message at the UN

Pezeshkian’s address came against the backdrop of the ongoing conflict between Iran and the United States and heightened tensions in the region.

Iranian officials had indicated ahead of the UN visit that they intended to highlight what Tehran considers attacks against its people and raise concerns over the international response to the conflict.

The Iranian delegation’s visit to New York also comes amid restrictions imposed by the United States on the delegation’s movement and other aspects of its stay, according to reporting ahead of the address.

Pezeshkian says Iran defended itself

Pezeshkian’s central message at the UN was that Iran’s military actions should be viewed as a response to attacks rather than terrorism.

His description of the conflict and the allegations against the United States and Israel represent the Iranian government’s position. They should therefore be attributed to Pezeshkian rather than presented as independently established facts.

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PM Modi’s Canada visit could help wrap trade talks, says Canada PM Mark Carney

Canadian PM Mark Carney said he is looking forward to hosting PM Narendra Modi, with both countries aiming to conclude their ongoing trade negotiations.

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Canadian Prime Minister Mark Carney has said he is looking forward to hosting Prime Minister Narendra Modi, as India and Canada continue efforts to advance their bilateral relationship and conclude ongoing trade negotiations.

The two countries have been working towards a Comprehensive Economic Partnership Agreement (CEPA), with both sides previously setting a target to conclude the negotiations in 2026.

Carney and Modi have held discussions on strengthening economic ties between India and Canada, including trade and investment. Their engagement has gained momentum following Carney’s visit to India earlier this year.

India-Canada trade talks

India and Canada formally resumed efforts towards a broader trade agreement after a period of strained bilateral ties. The two sides have committed to advancing negotiations on a CEPA covering their economic relationship.

In June, Carney and Modi reviewed progress in bilateral economic cooperation during their meeting on the sidelines of the G7 Summit in France. They expressed satisfaction with the progress in CEPA negotiations and reaffirmed their shared objective of concluding the talks in 2026.

During Carney’s visit to India in March, the two leaders had also agreed to accelerate negotiations on the CEPA and work towards finalising the agreement during 2026.

Modi’s proposed Canada visit

Carney had invited PM Modi to visit Canada in 2026, and the two leaders agreed to remain engaged through diplomatic channels to work towards a mutually convenient date for the visit.

The proposed visit comes as New Delhi and Ottawa seek to build on renewed diplomatic and economic engagement, with trade negotiations remaining a key part of the relationship.

The focus on completing the trade talks comes as both countries look to expand commercial ties and establish a broader economic framework through the proposed CEPA.

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Trump issues fresh Iran warning at UN General Assembly, signals deal after midterms

US President Donald Trump issued a fresh warning to Iran during his UN General Assembly address, saying he faces a choice between a deal and further escalation.

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US President Donald Trump used his address to the United Nations General Assembly on Tuesday to outline what he described as a major decision over Iran, putting the possibility of a deal against further military escalation.

Speaking at the UN in New York, Trump said he had a “big decision” to make. He questioned whether the United States should pursue an agreement that would allow Iran to rebuild or instead take further action against the Islamic Republic.

Trump later indicated that he believed an agreement with Iran could be reached after the US midterm elections, which are scheduled for November 3.

Trump says deal with Iran remains possible

During his speech, Trump presented two possible paths. He said a deal could allow Iran to rebuild and become a stronger country, while also raising the possibility of destroying the Islamic Republic if an agreement was not reached.

Trump said he believed a deal could eventually be reached, arguing that Iran was waiting to see the outcome of the US midterm elections.

His comments came amid the continuing US-Iran conflict and renewed diplomatic activity surrounding the confrontation. Trump’s UN appearance came as Washington was also engaged in discussions with multiple international leaders over the Iran conflict and other global issues.

Iranian delegation walks out during Trump’s speech

The Iranian delegation reportedly left the General Assembly chamber as Trump began describing the military confrontation with Iran.

According to the report, only one person from the Iranian delegation remained seated as Trump spoke about the conflict and the military strikes of the past six months.

The walkout came as tensions between Washington and Tehran remained high, with both sides facing pressure over the continuation of the conflict.

Trump’s latest warning follows earlier comments

Trump’s UN remarks came days after he said he was approaching a major decision over whether to intensify military action against Iran or pursue another route.

He had also indicated before his UN appearance that he could be open to meeting Iranian President Masoud Pezeshkian during the UN General Assembly in New York.

The possibility of renewed negotiations comes against the backdrop of continuing military and diplomatic tensions between the two countries.

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