Iran says US sanctions complicate nuke issue
Updated: 2013-07-03 15:53
TEHRAN - Iran criticized new round of US sanctions which came into effect on Monday, saying that imposing fresh sanctions only complicates its nuclear issue, Tehran Times daily reported Wednesday.
"There is no doubt that the imposition of new sanctions is a failed policy, and we are surprised to see that the US government and its allies repeat the wrong and failed policy," Iranian Foreign Ministry spokesman Abbas Araqchi was quoted as saying.
US new sanctions, which are aimed to put further pressure on Iran over its controversial nuclear program, ban gold sales to and trades in gold with the Islamic republic, and put further embargo on its shipping and automobile sectors.
To circumvent Western financial sanctions which restrict money return in exchange for energy exports, Iran is believed to have received gold from its natural gas and oil customers.
"The intensification of sanctions is not a solution to Iran's nuclear issue and will not help settle it," said the Iranian spokesman, adding that "lifting sanctions can help resolve the issue and serve as a confidence-building measure."
Iran's energy and financial sectors are under intensive sanction pressures by the United States and its allies which suspect that Iran's nuclear program might be aimed at weapon-grade activities, but Iran insists that it's for civilian use.
- Iran's Rouhani vows expansion of ties with China
- Iran Cultural Week opens in Beijing
- Iran's electoral watchdog approves result
- Iran springs a promising surprise
- Australia, Iran and South Korea head for Brazil
- Iran 'in heaven' as soccer team qualifies for 2014 World Cup
- Iran to be more 'transparent' in nuclear issue: Rouhani
- Memorial service held for 19 Arizona firefighters
- Canada vigilant after terror plot
- Beckhams' star power shines
- Worried parents drive imported milk sales
- Rumbia subsides but still brings heavy rain
- Fire engulfed Arizona firefighters in seconds
- Yao Ming, McGrady team up for charity
- Egypt's Mursi rebuffs army ultimatum
Graduates face grim hunt for job
Parents learn a lesson on homes
Taking the reins of great change
Lifting the veil of feng shui
A growing thirst for water safety
Justice, Tibet style
Today's Top News
China warms to US-led trade pact
Venezuela eyed as Snowden's asylum
Credit crunch hits smaller firms
Apple will hike its app prices
US public high schools lure Chinese students
Chinese firm looks to take a bite out of Apple
Bad habits add $34b to annual cost of cancer
Expats develop taste for organic dairy
Geared to go
The place to be