"This 10-year oppressive embargo will be lifted on Sunday, 18 October, with people’s resistance and the efforts of our country's diplomats, despite 4 years of US efforts. Those who say what the Joint Comprehensive Plan of Action (JCPOA) has done, this is one of them. From Sunday, we can buy and sell weapons, and this was one of the measures taken by the Government of Prudence and Hope," Rouhani said at a cabinet session.
Iran Developed More Advanced Missiles Than Ones It Showcased
Commenting on the upcoming lifting of the embargo, Abolfazl Hasanbeigi, a member of the parliament stated that Iran had developed missiles that have not been presented yet, and they are more advanced than previous ones.
"Yes, yes there are missiles more advanced than those we are displaying," Hasanbeigi said.
The official also said that Iran is self-sufficient with regard to missiles and the country will "display these weapons," including long-range ballistic missiles if the United States "wants this."
In 2015, Iran signed the JCPOA with China, France, Germany, Russia, the United Kingdom, the United States, Germany and the European Union. It required Iran to scale back its nuclear program and severely downgrade its uranium reserves in exchange for sanctions relief, including lifting the arms embargo five years after the deal's adoption.
Earlier this year, the US tried to campaign for the restoration of international sanctions on Iran, specifically, an extension to the arms embargo, but all of its draft resolutions ended up being rejected.