The Iranian minister of economic affairs and finance says unilateral sanctions against Tehran™s oil and financial sectors harm world™s fragile economy.<\/p>\n
Iran™s Minister of Economic Affairs and Finance Ali Tayyeb-Nia says unilateral sanctions against Tehran™s oil and financial sectors have posed a serious challenge to world™s fragile economy.\n<\/p>\n
œUnilateral economic sanctions imposed against Iran, particularly in oil and gas fields, have posed a serious challenge to world™s fragile economy,” Tayyeb-Nia said Saturday at the annual meetings of the World Bank and the International Monetary Fund (IMF) in Washington in the US.\n<\/p>\n
While the sanctions against Iran have created instability and lack of transparency in markets, the embargoes have also left a narrow possibility for equal and general access to the essential products, the minister added.\n<\/p>\n
The United States, Israel and some of their allies have repeatedly accused Iran of pursuing non-civilian objectives in its nuclear energy program, with the US and European Union using the claim as an excuse to impose illegal sanctions against Tehran.\n<\/p>\n
Iran categorically rejects the allegation, arguing that as a committed signatory to the Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has the right to use nuclear technology for peaceful purposes.\n<\/p>\n
In addition, the IAEA has conducted numerous inspections of Iran’s nuclear facilities but has never found any evidence showing that Iran’s civilian nuclear program has been diverted to nuclear weapons production.\n<\/p>\n
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