‘New US sanc­tions have no ef­fect on econ­omy’

The Sunday Guardian - - World - REUTERS

DUBAI: Ira­nian Pres­i­dent Has­san Rouhani said on Satur­day that U.S. sanc­tions an­nounced last week have had no ef­fect on Iran’s econ­omy be­cause Wash­ing­ton had al­ready prac­ti­cally reim­posed them ear­lier.

The restora­tion of sanc­tions is part of a wider ef­fort by U.S. Pres­i­dent Don­ald Trump to force Iran to curb its nu­clear and mis­sile pro­grams as well as its sup­port for proxy forces in Ye­men, Syria, Le­banon and other parts of the Mid­dle East.

“The sanc­tions have had no im­pact on our econ­omy be­cause Amer­ica had al­ready used all the weapons at its dis­posal and there was noth­ing new to use against us,” Rouhani said in re­marks car­ried live on state tele­vi­sion.

“They just is­sued a long list of banks, their branches ... and air­lines and their planes. And this shows that they are merely try­ing to af­fect the Ira­nian na­tion psy­cho­log­i­cally,” Rouhani said. The United States said it would tem­po­rar­ily al­low eight im­porters to keep buy­ing Ira­nian oil when it reim­posed sanc­tions last Mon­day aimed at forc­ing Tehran to curb its nu­clear, mis­sile and re­gional ac­tiv­i­ties.

“It has now be­come clear that Amer­ica can­not cut Iran’s oil ex­ports to zero,” Rouhani added, speak­ing af­ter a weekly meet­ing with the heads of the par­lia­ment and the ju­di­ciary.

Mean­while, Iraq can con­tinue to im­port nat­u­ral gas and en­ergy sup­plies from Iran for a pe­riod of 45 days, the United States has said, sev­eral days af­ter reim­pos­ing sanc­tions on Tehran’s oil sec­tor.

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