Arab Times

Top Khamenei aide to meet Putin

‘Iran to sell as much oil as it can’

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LONDON, July 10, (Agencies): A top adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei will visit Moscow on Wednesday to deliver a message to President Vladimir Putin, state television reported.

Ali Akbar Velayati’s visit will be part of efforts to make Tehran’s stance clear after the US withdrawal from the nuclear deal in May, Iranian foreign ministry spokesman Bahram Qasemi was quoted as saying by state television.

Meanwhile, Iranian vicepresid­ent Eshaq Jahangiri acknowledg­ed on Tuesday that US sanctions would hurt the economy but promised to “sell as much oil as we can” and protect its banking system.

Jahangiri said Washington was trying to stop Iran’s petrochemi­cal, steel and copper exports, and to disrupt its ports and shipping services. “America

seeks to reduce Iran’s oil sales, our vital source of income, to zero,” he said, according to Fars news agency.

President Donald Trump said in May he would pull the United States out of an internatio­nal nuclear deal with Iran and reimpose US sanctions. Washington later told countries they must stop buying Iranian oil from Nov 4 or face financial consequenc­es.

Jahangiri said it would be a mistake to think the US “economic war” against Iran will have no impact, but added: “We will make Americans understand this year that they cannot stop Iranian oil sales.”

The US ambassador to Berlin called on the government of Chancellor Angela Merkel to block an Iranian attempt to withdraw large sums of cash from bank accounts in Germany.

Iran’s foreign ministry and the central bank have taken measures to facilitate banking operations despite the US sanctions, Jahangiri said without elaboratin­g.

The Iranian oil ministry said last week that it exported 2.2 million barrels per day of crude oil in June. The figure is not significan­tly lower than exports of 2.4 million bpd in April and in May.

European powers still support the 2015 deal, under which Tehran agreed to limit its nuclear developmen­t in exchange for internatio­nal sanctions relief. They say they will do more to encourage their businesses to remain engaged with Iran, though a number of firms have already said they plan to pull out.

Foreign ministers from the five remaining signatory countries to the nuclear deal — Britain, France, Germany, China and Russia — offered a package of economic measures to Iran on Friday but Tehran said they did not go far enough.

“We think the Europeans will act in a way to meet the Iranian demands, but we should wait and see,” Jahangiri said.

The pressure on Iran came as Washington had launched an “economic war with China and even its allies”, he said, referring to trade tensions between the United States and many of its main trading partners.

Jahangiri also accused Washington of trying to use the economic pressure to provoke street protests in Iran.

A wave of anti-government demonstrat­ions against economic hardship and alleged corruption engulfed cities across the country in late December and early January.

The US ambassador to Germany urged Berlin on Tuesday to stop Iran withdrawin­g large sums of cash from bank accounts in Germany to offset the effect of new US sanctions imposed after Washington withdrew from a 2015 nuclear deal.

Richard Grenell, a longtime critic of the accord, told the mass-circulatio­n daily Bild that the US government was extremely concerned about Tehran’s plans to transfer hundreds of millions of euros in cash to Iran.

“We encourage the highest levels of the German government to intervene and stop the plan,” Grenell said.

Iran curbed its nuclear activity under the deal and won relief from internatio­nal sanctions. The other signatorie­s including US allies Germany, France and Britain have reafirmed the deal, seeing it as crucial to preventing a Iranian nuclear weapon. Trump denounced it as badly flawed in Iran’s favour.

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