Iran blasts US 'economic terrorism' after new sanctions

Young journalists club

News ID: 44116
Iran » Iran
Publish Date: 8:20 - 03 November 2019
TEHRAN, Nov 3_Iranian officials have slammed new US sanctions on the country’s construction sector as yet another attempt to wage “economic terrorism” against the Iranian people.

Iran blasts US 'economic terrorism' after new sanctionsTEHRAN, Young Journalists Club(YJC)_First Vice President Es'haq Jahangiri on Saturday denounced the sanctions as “coercive and unilateral measures” targeting Iranians.

The sanctions are “a clear violation of international law and the Charter of the United Nations,” he told a summit of the Shanghai Cooperation Organization’s Council in the Uzbek capital of Tashkent.

“The international community bears responsibility in this regard,” Jahangiri added. 

The US imposed sanctions on Iran's construction sector on Thursday despite an earlier announcement last week claiming that it had created a new mechanism to facilitate "permissible trade" with Tehran.

On Friday, Zarif dismissed the new sanctions, stating that "subjecting construction workers to economic terrorism only manifests maximum failure of 'maximum pressure'," referring to Washington's campaign of "maximum pressure" against the country.

First Vice President Es'haq Jahangiri on Saturday denounced the sanctions as “coercive and unilateral measures” targeting Iranians.

The sanctions are “a clear violation of international law and the Charter of the United Nations,” he told a summit of the Shanghai Cooperation Organization’s Council in the Uzbek capital of Tashkent.

“The international community bears responsibility in this regard,” Jahangiri added. 

The US imposed sanctions on Iran's construction sector on Thursday despite an earlier announcement last week claiming that it had created a new mechanism to facilitate "permissible trade" with Tehran.

On Friday, Zarif dismissed the new sanctions, stating that "subjecting construction workers to economic terrorism only manifests maximum failure of 'maximum pressure'," referring to Washington's campaign of "maximum pressure" against the country.

During his Saturday remarks, Jahangiri said despite Washington’s withdrawal from the deal, Iran has always expressed willingness to engage in talks with other signatories of the agreement.

He said Iran would return to fulfilling its JCPOA commitments if other signatories commit to theirs.

“It is clear that the continuation of the JCPOA can only be achieved by attaining a balance between the commitments fulfilled by all sides of the agreement and guaranteeing that the Islamic Republic of Iran receive the economic incentives it was promised under the deal,” Jahangiri said.

The Iranian vice president described the JCPOA as an “efficient and successful model for multilateral diplomacy” that was undermined by the current US administration in a bid to prevent international economic engagement with Iran.

Iran welcomes multilateral cooperation

Jahangiri further said Iran attaches exceptional importance to multilateral cooperation and that the SCO could become a flag bearer for multilateral regional collaboration.

“Iran regards regional and international cooperation to be crucial in ensuring international peace and security and combating terrorism collectively,” he said.

Jahangiri went on to highlight Iran’s Hormuz Peace Endeavor (HOPE) -- which seeks to facilitate regional cooperation without foreign military presence in the Persian Gulf region -- as a suitable opportunity to achieve sustainable peace, strengthen maritime security and facilitate regional and international trade.

The Iranian vice president added that economic development required international collaboration and that Iran, having invested heavily in trade corridors passing through the country, is ready to cooperate in such regional initiatives.

source:presstv

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