November 9, 2020
1 min read

Iran calls on US to stop ‘economic war’

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

Biden restores fired Covid-19 task force

Latest from -Top News

Modi all set for Japan, China visits

By travelling to both Tokyo and Tianjin within the span of a week, Modi is set to balance strategic partnerships with Japan and cautious engagement with China – two relationships that will

Canada to lift counter-tariffs on US goods

Canadian Prime Minister Mark Carney has announced that Ottawa will remove its counter-tariffs on US goods covered under the Canada-US-Mexico Agreement (CUSMA), beginning 1 September. The move marks a partial easing of
Go toTop