The Russian government has announced it will not join proposed US and European sanctions against Iran’s oil sector which aim to prevent the country’s crude exports.
The Russian Deputy Foreign Minister Sergei Ryabkov was quoted by Reuters as saying on Wednesday that Moscow opposes US and European oil sanctions against Iran, even if Tehran presses ahead with its nuclear program, including uranium enrichment.
“Regardless of any conditions…be those the conditions in which the Iranian nuclear program expands or others, we are against the application of such measures against Iran,” he added.
The Russian deputy foreign minister further noted that new sanctions will do nothing to strengthen nuclear non-proliferation.
Moscow’s new announcement comes after the signing of a new law by US President Barack Obama on December 31, 2011, which seeks to impose fresh economic sanctions against Iran’s Central Bank and oil sector. The law requires foreign financial firms to make a choice between doing business with Iran’s Central Bank and oil sector or with the US financial sector.
The European Union (EU) is also expected to hold its summit meeting later this month on January 23, to discuss proposed embargo on Iran’s oil exports.
EU members have so far failed to reach a final agreement on such details as the exact timing of the sanctions and their diplomats say it may take months before sanctions actually enter into force given the critical economic conditions facing European countries.
Source: Russia Today
- The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei
The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Western sanctions against the country have proven futile, adding there are more victories on the horizon for the Iranian nation
Western officials have repeatedly announced that the objective of anti-Iran sanctions is to wear out the Iranian nation and force the authorities of the Islamic Republic to reconsider their political calculations, Ayatollah Khamenei said on Monday.
“But they are mistaken and will never achieve this goal.”
“The Iranian nation has chosen this victorious path with insight and has made great sacrifices and forfeited the blood of its loved ones to tread this path,” the Leader added.
Referring to the upcoming parliamentary elections, Ayatollah Khamenei said the vote is a manifestation of people’s presence in the political decision making process.
Ayatollah Khamenei said Iran’s parliamentary election is also important for other Islamic Nations and that is why the US and its allies are trying to disappoint the Muslim world by disrupting the vote.
The Leader said hegemonic powers and their pawns have been making efforts to reduce the participation of Iranians in the elections, but the mass turnout of the nation will disappoint the enemy.
Ayatollah Khamenei also warned of the scourge threatening the elections.
Despite international sanctions and certain western countries’ unilateral bans and embargos, Iran has boosted its exports by 500% during the last 8 years.
Reports show that despite the hostile policies and moves of the United States and its European allies, Iran has shown a promising trend of growth in area of economy.
The latest statistical figures presented by the Iranian commerce and economic bodies, the country has experienced a five-time growth in exports to over 160 world countries, while it imports have increase by 200% during the last 8 years.
Also, during the last 9 months of the current Iranian year (March 21 to December 21), the country’s exports have grown to $31.9bln which shows a 37.8% increase compared with the same period last year.
It is noteworthy that Iran has imported goods from 37 European countries and exported its products to 35 of them in the last 8 years.
Iran is under four rounds of UN Security Council sanctions for turning down West’s calls to give up its right of uranium enrichment.
The United States and its allies accuse Iran of pursuing a military nuclear program and have used their influence on the UN Security Council to press for fresh sanctions against Tehran. Continue reading
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