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  HOME | Business & Economy (Click here for more)

Iran’s President Says US Sanctions Are Form of Economic Terror

TEHERAN – Iranian President Hassan Rouhani denounced on Saturday sanctions imposed by the United States on Tehran, describing them as a form of economic terror.

Rouhani made his remarks at the second conference of speakers of the parliaments of Afghanistan, China, Iran, Pakistan, Russia and Turkey, in which he referred to the US’ withdrawal from the 2015 multilateral nuclear agreement and the subsequent economic sanctions on Tehran, which came into force in August and November.

“The cruel, illegal economic sanctions of the United States against the noble people of Iran have targeted our people as a clear example of terrorism,” the Iranian leader said.

“Economic terrorism means promoting terror about the economy of a country and intimidating other countries to prevent them from doing trade and investing in the target country,” Rouhani added.

The Iranian president warned all boycotters that a “weak” Iran would not be able to prevent the flow of drugs, asylum seekers and refugees, bomb attacks and terror to the West.

Despite these sanctions, Tehran is looking for alternative formulas to maintain commercial channels with the rest of nations that signed the nuclear pact with Iran in 2015 – Russia, China, France, the United Kingdom and Germany – as well as promote trade with other neighboring countries.

“I have voiced the Islamic Republic of Iran’s willingness to cooperate in building a more powerful region; a region that is free from the domination of others, relying on itself, being empowered from inside, and relying on the collective power of all nations,” Rouhani added, according to the Iranian presidency’s official website.

The conference of parliamentarians, which was inaugurated Saturday in Tehran, is set to deal with the fight against terror and explore ways to increase cooperation among participating countries, among other topics.

 

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