Iranian Foreign Ministry said in a statement on Friday that imposing sanctions on Iranian entities and individuals by the US under the excuse of missile tests is inconsistent with the country's commitments and contradictory to the spirit and text of UN Security Council Resolution 2231. 
'Retaliating the US inclusion of the Iranian people and companies to the list of sanctions, Iran will exert legal restrictions against the American individuals and companies which have a role in aiding extremist and terrorist groups or contribute to the suppression and murder of the defenseless people in the region. Their names will be announced subsequently,' said the statement according to Iran's news agency (IRNA). 
The statement further noted that development of missile capabilities which are designed solely for defensive purposes and carrying conventional weapons is the Iranian nation's right and any interference in the field runs against international regulations and is not within any country or institute's authority. 
The statement came after the US Treasury Department said in a statement on Friday that Washington has imposed sanctions on 13 individuals and 12 entities from Iran.

Source: QNA