US sanctions on Iran promoting domestic production: Analyst

Young journalists club

News ID: 46667
Iran » Iran
Publish Date: 21:43 - 27 June 2020
Saturday, 27 June_An American writer and former professor has said that the United States sanctions on Iran are promoting the increase of domestic production.

US sanctions on Iran promoting domestic production: AnalystE Michael Jones, the current editor of Culture Wars magazine, made the remarks in an interview with Press TV on Saturday while commenting on new US sanctions on Iran.

In its most recent move to target Iran’s record-holding metal industry, the United States has issued sanctions against four steel, aluminum, and iron companies operating in the Islamic Republic, and also taken aim at the sales of Iran’s largest steel manufacturer.

On Thursday, the US Treasury Department said in a statement that it had imposed sanctions on Tara Steel Trading GmbH, an offshore subsidiary of Mobarakeh Steel Co., three overseas’ sales agents serving the steel company, and Iran-based Metil Steel.

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