You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Syria-Lebanon-Iran
Iran dismisses ineffective US sanctions
2012-01-08
[Iran Press TV] During the first national conference on the export of knowledge-based goods and services, Iranian officials say the record rise in exports proves the ineffectiveness of US-led sanctions, Press TV reports.

The one-day event held on Saturday was attended by Vice President Mohammad-Reza Rahimi, Foreign Minister Ali Akbar Salehi and Vice President for Science and Technology Nasrin Soltankhah.

"This year Iran exported crude oil over 90 billion dollars, non-oil exports are expected to top 45 billion dollars by March... sanctions will have no impact on Iran's economy which also happens to have enough gold reserves for 15 years," Rahimi told Press TV.

Iranian authorities say exports of knowledge-based goods and services reached of four billion dollars last year.

Iranian authorities have dismissed the latest move by the US to impose sanctions on Iran's Central Bank, saying that the US and its allies must change their foreign policy and use diplomacy to resolve their issues.

On December 31, US President Barack Obama
Republicans can come along for the ride, but they've got to sit in the back...
signed into law fresh economic sanctions against Iran's Central Bank in an apparent bid to punish foreign companies and banks that do business with the Iranian financial institution.

The bill requires foreign financial firms to make a choice between doing business with Iran's Central Bank and oil sector or with the US financial sector.

US sanctions, as well as unilateral embargoes imposed on Iran's energy and financial sectors by Britannia and Canada came after the ineffective International Atomic Energy Agency (IAEA) issued a report on Iranian nuclear program early November, accusing Tehran of seeking to weaponize its nuclear technology.

Tehran argues that as a signatory to the nuclear Non-Proliferation Treaty and a member of the IAEA, it has the right to develop and acquire nuclear technology for peaceful purposes.
Posted by:Fred

#2  See also DEFENCE.PK/FORUMS > IRGC: IFF ORDER GIVEN, WE WILL CLOSE STRAITS IN SHORTEST POSSIBLE TIME | [PressTV] IRGC TRAINS FOR ORDER TO CLOSE HORMOZ.

and

* SAME > EXPECT A US-IRAN SHOWDOWN IN 2012.

ARTIC = Clash of Wills between US-Israel-Allies + Iran + Other is devol into WHOM WILL BE THE DOMINANT REGIONAL POWER.

VARIOUS BLOGGERS = Be it IRAN CLOSING THE STRAITS OF HORMUZ [includ Sea of Oman], or the US-ALLIES MIL DEFENDING OR FORCIBLY REOPENING THE SAME, 'TIS ARE ACT(S) OF WAR.
Posted by: JosephMendiola   2012-01-08 20:14  

#1  "it's only a flesh wound!"
Posted by: Frank G   2012-01-08 16:21  

00:00