The sanctions, including an arms embargo, were removed in exchange for the 2015 agreement with Iran that it would halt its nuclear weapons program.
Most foreign companies do not wish to risk being excluded from the vast US market in order to trade with smaller countries such as Iran.
"There is no justification for having an ineffective force operate in territory which Hezbollah is using to arm itself."
“There is no consensus in the council and thus the president is not in the position to take further action,” Djani said.
“We urge the US not to act arbitrarily against the world's will. Otherwise, it will meet further opposition,” the spokesperson for the Chinese Foreign Affairs Ministry tweeted on Friday.
The treaty and news of normalization is a blow to Iran and extremist forces in the Middle East.
The arms embargo is expected to expire on October 18, and Russia and China, two permanent members of the security council that hold veto power, are currently opposed to extend it.
“China is a sincere friend of the Palestinian people. The Palestinian people can always count on China’s support for their just cause and legitimate national rights,” Zhang said.
Readers of The Jerusalem Post have their say.
The Palestinians are taking annexation very seriously even though Israel has yet to take any steps toward it and speculation is high that the plan might be put on hold.