Iran calls on US to stop ‘economic war’

November 9, 2020

The US should compensate for losses that Tehran has suffered due to Washington’s economic pressures, the spokesman added…reports Asian Lite News

The Iranian Foreign Ministry has called for a cessation of the US economic pressures against the Islamic Republic.

The US administration “must make up for its past measures and stop its economic war against the Islamic Republic”, Xinhua news agency quoted Ministry spokesman Saeed Khatibzadeh as saying to the media on Sunday.

“We are waiting for practical steps” to be taken by the US, said Khatibzadeh, adding that Washington should commit its international obligations.

It was the US that “violated” its obligations pertaining to Iran’s nuclear deal, he said.

The US should also compensate for losses that Tehran has suffered due to Washington’s economic pressures, the spokesman added.

US President Donald Trump pulled his country out of the Iranian nuclear deal, also known as the Joint Comprehensive Plan of Action, in 2018 and announced “maximum pressure” campaign to impose tough sanctions against Iran’s oil, banking, insurance, shipping and auto sectors.

Last month, the US imposed a number of sanctions targeting Iran’s financial and the oil sector.

Separately, it also designated five Iranian entities for “attempting to influence” the November 3 American presidential election.

Also read:Iraqi forces carry out major anti-IS offensive

Previous Story

4 US soldiers killed in Syria

Next Story

Arab League lauds pro-Palestinian UN resolutions

Latest from -Top News

From rubble to revival in Mosul

The UAE, UNESCO, and EU reopen Mosul’s restored cultural landmarks, turning ruins of war into a global symbol of resilience, coexistence, and

UAE rescue teams fly into quake zone

UAE swiftly deploys rescue teams and relief aid to earthquake-hit Afghanistan as casualties surpass 1,400; rugged terrain and dwindling resources make global

Ukraine, UAE eye stronger ties

Dr. Al Nuaimi extended his best wishes to the Ambassador in his mission to further enhance relations between the two countries….reports Asian