Economy

Envoy Stresses Negative Impacts of Sanctions on West’s Economy

Envoy Stresses Negative Impacts of Sanctions on West's Economy

The unilateral sanctions and restrictions imposed by certain western countries against Iran have harmed West’s economy since they barred the western companies from making activities in the Iranian markets, an Iranian diplomat underscored.

After the western unilateral sanctions, Iran has found suitable alternatives for western companies and buys goods from other countries but economic crisis in the European countries has led the companies of these countries to be dissatisfied with such political decisions made by certain European governments, Iran’s Ambassador to Spain Morteza Saffari said on Wednesday.

He told the Islamic Republic news agency that Spain regards itself as a victim of sanctions adopted by its allies on Iran and accordingly Spanish companies try to find a way to expand relations with Iran.

“If we take a look at the nature of these sanctions, we will understand that they have hurt western countries more than Iran and made Spain in particular to lose Iran’s big market.”

The Iranian diplomat added that Spanish companies which do business in Iran have repeatedly criticized their government for following the sanctions.

Washington and its Western allies accuse Iran of trying to develop nuclear weapons under the cover of a civilian nuclear program, while they have never presented any corroborative evidence to substantiate their allegations. Iran denies the charges and insists that its nuclear program is for peaceful purposes only.

Tehran stresses that the country has always pursued a civilian path to provide power to the growing number of Iranian population, whose fossil fuel would eventually run dry.

Despite the rules enshrined in the Non-Proliferation Treaty (NPT) entitling every member state, including Iran, to the right of uranium enrichment, Tehran is now under four rounds of UN Security Council sanctions and the western embargos for turning down West’s calls to give up its right of uranium enrichment.

Tehran has dismissed West’s demands as politically tainted and illogical, stressing that sanctions and pressures merely consolidate Iranians’ national resolve to continue the path.

Tehran has repeatedly said that it considers its nuclear case closed as it has come clean of International Atomic Energy Agency (IAEA)’s questions and suspicions about its past nuclear activities.

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