Iran will break US sanctions: Rouhani

Tehran : Iranian President Hassan Rouhani says Iran will break the sanctions imposed by the United States on Tehran as well as on countries that do business with it, shortly after a round of anti-Iran sanctions by America took effect.

Speaking at a meeting with the directors and deputies of the Ministry of Economic Affairs and Finance on Monday, President Rouhani said, “We should break the sanctions very well, and we will do that.”

“With the help of the people, and the unity that exists in our society, we have to make the Americans understand that they must not use the language of force, pressure, and threats to speak to the great Iranian nation. They must be punished once and for all,” the Iranian president said.

The meeting and remarks came shortly after a new round of US sanctions took effect. The new bans target, among other things, Iran’s oil sales and Central Bank. More Iranian individuals have also been targeted by the US Department of the Treasury.

The US measures also include so-called secondary sanctions — punitive measures against third countries doing business with Iran.

US President Donald Trump introduced a first round of “primary” and “secondary” sanctions against Iran and its trade partners in August.

In May, he unilaterally pulled the US out of a multilateral deal with Iran. Two months later, footage reportedly came out in which Israeli Prime Minister Benjamin Netanyahu claimed he had personally convinced Trump to withdraw from the Iran deal.

Iran struck the deal with originally six world powers and the European Union (EU) back in 2015, agreeing to curb its nuclear program in return for the lifting of restrictions mainly on its oil sales.

Despite the US withdrawal, Iran has stayed in the deal but has stressed that the other parties to the agreement have to work to offset the negative impacts of the US pullout. Europe has been taking a range of measures to meet the Iranian demand for practical guarantees.

President Rouhani said Europe, too, was angry at US policies.

“Today, what the Americans are doing is merely pressure [ordinary] people, and no one else. It’s pressure [that is being put] on [the Iranian] people, other nations, other [foreign] businesses, and other governments,” he said. “Today, we are not the only ones who are angry at US policies; even European businesses and governments are angered by US policies, too.”

The US had since the May 8 withdrawal designated November 4 as the date when it aimed to bring Iran’s oil sales down to “zero.” However, three days ahead of that much-advertised deadline, the US granted waivers to eight major state buyers of Iranian crude.

President Rouhani said US officials had in fact conceded defeat.

“They (the Americans) saw that they couldn’t replace [Iranian oil on the market]; and even assuming they did not concede defeat and did not grant waivers to countries, we would still be able to sell our oil [because] we have adequate capabilities to do that,” the Iranian president said.

(Except for the headline, this story has not been edited by The Kashmir Monitor staff and is published from a syndicated feed.)