Iran: Sanctions Will Have Zero Effect on Imports/Exports

Published: June 16th 2010
in News » World

Iran sanctions
Pic: wikimedia commons

Iran’s Fars News Agency (FNA) quoted an Iranian official saying that the country’s Imports and Exports will not be affected by new UN Security Council sanctions.


"The new Security Council sanctions against Iran have been imposed on strategic goods, including weapons and munitions, and will not have any effect on Iran's exports and imports of commodities through intermediaries and investment," Hossein Kakhaki, Iranian Customs director-general for statistics and information technology, told FNA.


He added that in the first two months of the current Iranian year (March 20 to May 20), the Islamic regime’s non-oil exports, including liquid gas by-products, increased by 30 per cent, amounting to over $4.5 billion USD. The rate was a 33.3 per cent increase in value compared to the same period last year.


The new sanctions were passed last Wednesday with 12 members voting in favour, Brazil and Turkey opposed and Lebanon abstaining.


On Friday, Iranian President Mahmoud Ahmadinejad told a news conference in Shanghai that “President Obama has made a big mistake... he knows the resolution will have no effect.”


He also claimed that the UN Security Council is controlled by the White House.


The current sanctions against Iran are the fourth put in place by the Security Council due to Iran’s refusal to stop enriching uranium.


The US and other Western powers view Iran’s nuclear program as a cover for the development of nuclear weapons. 

Related articles: (Ahmadinejad, Iran, uranium, nuclear program, IAEA, fuel exchange)

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