Iran sets sight on neighbors to counter US sanctions
By Trend
Iran should target markets in neighboring countries in order to
be able to counter new US sanctions, Iranian Deputy Minister of
Industries, Mining and Trade Sadeq Najafi said July 8, ILNA news
agency reported.
“Neighboring nations can be regarded as good markets for Iranian
products and we should seize this opportunity,” he noted.
Referring to impending US sanctions against Tehran, he said the
government should learn more about the schemes of Washington and
then counteract.
The potential of Iran’s non-oil export is estimated to stand at $40
billion, Najafi said, noting that this domestic capacity can be
used to confront the sanctions.
Synergy and unity among officials can also help fight the
sanctions, the deputy minister added.
US President Donald Trump announced on May 8 that Washington was
walking away from the nuclear agreement, officially known as the
Joint Comprehensive Plan of Action (JCPOA), which was reached in
2015 between Iran and the five permanent members of the UN Security
Council - the United States, Britain, France, Russia and China -
plus Germany.
Trump also said he would reinstate US nuclear sanctions on Iran and
impose "the highest level" of economic bans on the Islamic
Republic.
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