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

Trump Bans Travel from 12 Nations

The 12 countries that were banned include Afghanistan, Burma, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen….reports Asian

Missing Indians Rescued in Iran

All three individuals, identified as Jaspal Singh, Hushanpreet Singh, and Amritpal Singh, hail from Punjab and had disappeared shortly after landing in

India Signals FTA with Oman

The talks for the free trade pact with Oman started in November 2023, and Goyal visited the Gulf country from January 27

Syria Strikes $7b Deal

The agreements, signed in the presence of Syrian leader Ahmed al-Sharaa, mark a total investment of 7 billion U.S. dollars…reports Asian Lite