Iran refuses to accept "humiliating conditions" in European Union payment channel with Iran

Iran unveils new ground-launched cruise missile

Iran's Ministry of Defence has published a video purportedly showing the launch of a new cruise missile, saying it has a 1,350-kilometre (840-mile) range.

"The test of the Hoveizeh cruise missile was carried out successfully at a range of 1,200 kilometers [840 miles] and accurately hit the set target", Brig.

In its 12-point statement, the European Union said it was committed to the landmark 2015 accord and welcomed Iran's implementation of its nuclear-related commitments.

Iran displayed the new missile on state television to mark the anniversary of the 1979 Islamic Revolution.

General Hatami said the surface-to-surface missile could be quickly prepared for launch, can fly at low altitudes, and is highly accurate and explosive.

The Islamic regime has expanded its missile program, particularly its ballistic missiles, in defiance of opposition from the United States and expressions of concern by European countries.

Iran said in January its bid to launch a satellite failed after Tehran ignored USA warnings to avoid such activity.

France, Germany and Britain have opened a new channel for non-dollar trade with Iran to get around the sanctions, reimposed on Iran after President Donald Trump's decision in May to exit a 2015 nuclear deal between Tehran and six major powers.

A display featuring missiles and a portrait of Iranian Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Sept. 27, 2017.

Iran says its missile tests are not in violation of the resolution and denies its missiles are capable of carrying nuclear warheads.

Last week, France, Germany and Britain announced they were moving forward with a new channel for non-dollar trade with Iran to avert USA sanctions on the Iranian government. The Islamic Republic develops its missile technology according to a "defensive strategy" which changes according to need, he said.

Following the USA exit, Iran and the remaining parties launched talks to save the accord.

"It [the European Union] urges Iran as one of the Astana guarantors, together with Russian Federation and Turkey, to ensure cessation of hostilities and unhindered, safe and sustainable humanitarian access throughout all of Syria, and particularly in Idlib", the Council said in a press release.

U.S. President Donald Trump quit the Iran nuclear deal previous year and reimposed sanctions on Tehran that had been lifted under the pact in return for Tehran curbing its nuclear programme.

Iran has developed a large domestic arms industry in the face of decades-long global sanctions and embargoes that have barred it from importing most weapons.

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