Rouhani says new U.S. sanctions have no effect on Iran economy

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Rouhani says new U.S. sanctions have no effect on Iran economy

Rouhani says new U.S. sanctions have no effect on Iran economy

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FILE PHOTO: Iran’s President Hassan Rouhani speaks at a information convention on the sidelines of the 73rd consultation of the United Nations General Assembly at U.N. headquarters in New York, U.S., September 26, 2018. REUTERS/Brendan Mcdermid /File Photo

DUBAI (Reuters) – Iranian President Hassan Rouhani stated on Saturday that U.S. sanctions introduced closing week have had no effect on Iran’s economy as a result of Washington had already almost reimposed them previous.

The recovery of sanctions is a part of a much broader effort through U.S. President Donald Trump to power Iran to curb its nuclear and missile methods in addition to its reinforce for proxy forces in Yemen, Syria, Lebanon and different portions of the Middle East.

“The sanctions have had no impact on our economy because America had already used all the weapons at its disposal and there was nothing new to use against us,” Rouhani stated in remarks carried reside on state tv.

“They just issued a long list of banks, their branches … and airlines and their planes. And this shows that they are merely trying to affect the Iranian nation psychologically,” Rouhani stated.

The United States stated it might quickly permit 8 importers to stay purchasing Iranian oil when it reimposed sanctions closing Monday geared toward forcing Tehran to curb its nuclear, missile and regional actions.

“It has now become clear that America cannot cut Iran’s oil exports to zero,” Rouhani added, talking after a weekly assembly with the heads of the parliament and the judiciary.

In May, Trump exited Iran’s 2015 nuclear care for six powers and Washington reimposed a primary spherical of sanctions on Iran in August.

Reporting through Dubai newsroom; Editing through Kirsten Donovan

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