IFP Exclusive

US Sanctions on Central Bank Repeat of Same Old Bans: Iran

Iranian Foreign Ministry Spokesman Abbas Mousavi says the new US sanctions against the Central Bank of Iran (CBI) are nothing new, but the same old bans in a new form.

“Since the imposition of the very first sanctions, which were some of the toughest of their kind, Iran has found its way and will continue its development and progress with reliance on domestic potential and the cooperation of friendly countries,” said the spokesman on Saturday.

He said the United States’ foreign policy is a confused and desperate one which is only based on bullying, unilateralism and committing acts of economic terrorism against others.

“It (the US foreign policy) lacks the required potential for any logical and dynamic diplomatic initiative for the peaceful settlement of differences with other countries,” he noted.

“I hope US statesmen will come to realize that they are no longer the only economic heavyweight in the world and that there are many other countries that would like to utilize the Iranian market and economic opportunities associated with good relations with Iran,” he added.

“The Americans should accept that the policy of sanctions is a failed one, and that overusing this ploy and the dollar having turned into a tool have seriously questioned the credibility of the US and its economy in the eyes of the international community,” he said.

“Gone are the days when the US would be accepted as a credible economic partner,” Mousavi said.

The spokesman called on all members of the international community to care about a new trade and economic system which is hardly affected by the United States’ hostile acts against international free trade and development.

He also reiterated that Iran favours peace and interaction. “The Iranian nation is a freedom-loving and peace-loving nation and stands ready to engage with all nations and governments which deal with it with respect and on an equal footing.”

“By stopping the fulfilment of its obligations under the 2015 nuclear deal and continuing to violate the JCPOA, the US has not only breached its international commitments, but also acted to its own detriment and violated billions of dollars’ worth of contracts signed between its companies and Iranian firms, especially in the aerospace industry,” he said.

“We have kept the doors to engagement open,” Mousavi noted.

“Now the ball is in the Americans’ court and they should bravely accept that their breach of the nuclear deal was a mistake and should make good on their commitments. It is only then when they will be able to interact with us like other signatories to the JCPOA within the framework of solutions envisaged in the nuclear deal,” he said.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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