EconomyIranNorth America

Iran’s Ditching of US Dollar Paying off: FM Zarif

Foreign Minister Mohammad Javad Zarif has underlined Iran’s achievements made in ditching the US dollar, citing its use of barter system to ease up pressure caused by illegal US sanctions.

Speaking at an open parliamentary session on Sunday, Zarif said ditching the dollar in economic trade with other countries is one of the options to ease the sanctions pressure.

“One of the issues that reduces the pressure of sanctions is the elimination of the dollar from transactions, which we were pursuing through the use of the barter system and many countries have joined it,” he said.

In his address, Zarif said the US is waging an “all-out war” against Iran because the Islamic Republic is an “emerging power”.

“In this all-out war, the US wants to do several things, the most important of which is to conceptualize Iran as a security threat” and then use its influence in the UN Security Council or international financial institutions to harm the Islamic Republic.

The US, Zarif noted, is also exerting pressure on Iran’s friends and targeting the country’s interests in the region.

“The most important goal that the United States is pursuing is to separate the people from the government and portray the Islamic establishment as inefficient and delegitimize it,” he pointed out.

The top Iranian diplomat further referred to four UN Security Council meetings held over the past years with the aim of pressuring Iran.

“In all the sessions, the US was isolated as UNSC member states insisted on preserving the JCPOA and stressed that the US was pursuing a wrong approach.”

Back to top button