Iran Economy NewsIran leader shrugs off effect of Western sanctions

Iran leader shrugs off effect of Western sanctions

-

AFP: Iran’s economy is feeling no ill effects from the toughest Western sanctions yet and is in fact benefiting from them, Iranian President Mahmoud Ahmadinejad told American television on Sunday.

WASHINGTON (AFP) — Iran’s economy is feeling no ill effects from the toughest Western sanctions yet and is in fact benefiting from them, Iranian President Mahmoud Ahmadinejad told American television on Sunday.

“These sanctions will definitively mark a new level of progress in our economy,” Ahmadinejad told ABC News in an interview in New York. “We have turned sanctions around and created opportunities out of this.”

His assessment couldn’t have differed more from that of US Secretary of State Hillary Clinton, who in a separate interview with ABC in Jerusalem praised the measures imposed by the UN Security Council in June as “biting.”

“In fact the information we’re getting is that the Iranian regime is quite worried about the impact on their banking system, on their economic growth because they’ve already encountered some tough economic times. And this is, you know, making it more costly.”

Ahmadinejad insisted Iran wanted more nuclear talks with the so-called P5 plus one — permanent UN Security Council members Britain, China, France, Russia and the United States plus Germany.

Iran is suspected of planning to build a nuclear weapon, something Tehran strongly denies.

“We have a plan to discuss things, to discuss issues,” Ahmadinejad told ABC. “We’ve always been ready to discuss issues as long as they’re within the legal framework and based on principles of justice and respect.”

The last high-level meeting between Iran and the six world powers was held in Geneva in October 2009 when the two sides agreed a nuclear fuel swap deal that has since stalled.

The Iranian leader said Tehran was complying fully with inspections by the UN’s nuclear watchdog, the International Atomic Energy Agency (IAEA).

“All our nuclear activities are being controlled by cameras,” he said. “Material that is moved is weighed, it’s examined and controlled. So as far as the IAEA supervision is concern, there’s no blockage of that supervision.”

Asked about the “uniform” nature of the sanctions now imposed against Iran, by the United Nations, the United States, the European Union, Japan, South Korea, Russia, even China, Ahmadinejad responded: “It is meaningless to us.”

“We do take sanctions seriously, but taking it seriously is different from believing that they are effective,” he said.

“We consider this and have recorded it as a serious violation of international law. It was illegal. It was wrong. It wronged the people of Iran by insulting them.”

Pushed further on the crippling effect the sanctions could have on businessmen trying to trade or on Iran’s vital shipping industry, Ahmadinejad was defiant.

“None of this is a problem,” he said. “I want to stress, it is not a problem. If you want to say it’s effective, why not wait for the next six months or a year to see with your own eyes whether there are effects or not? And I tell you there are none.”

Latest news

Iranian Women’s Resistance: Beyond the Veil of Hijab Enforcement

These days streets and alleys of Iran are witnessing the harassment and persecution of women by police patrols under...

Fabricated Statistics in Iran’s Economy

While Iranian regime President Ebrahim Raisi and the government's economic team accuse critics of ignorance and fabricating statistics, Farshad...

Iran’s Teachers Working at Low Wages and Without Insurance

While pressures on teachers' activists by the Iranian regime continue, the regime’s Ham-Mihan newspaper has published a report examining...

House Rent Prices at Record High in Iran

After claims by Ehsan Khandouzi, the Minister of Economy of the Iranian regime, regarding the government's optimal performance in...

Why Nurses in Iran Migrate or Commit Suicide

This year, the issue of suicide among Iran's healthcare personnel resurfaced with the death of a young cardiac specialist...

Farmers Resume Protests in Isfahan, Education Workers Protest Low Wages

Economic protests in Iran on Monday, April 15, continued with farmers gathering in Isfahan province (central Iran) and school...

Must read

Iran plans to boost exploration in border areas, ministry says

Bloomberg: Iran plans to set up four drilling platforms...

Workers blockade major highway to Iran capital

Iran Focus: Tehran, Iran, Mar. 01 – Textile workers...

You might also likeRELATED
Recommended to you