Iran urges U.S. to cease economic pressures

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TEHRAN, 9 November, 2020, (TON): On Sunday Iranian Foreign Ministry called for cessation of the U.S. economic pressures against the country.

In an interview to Iran’s state TV Iranian Foreign Ministry spokesman Saeed Khatibzadeh said The U.S. administration "must make up for its past measures and stop its economic war against the Islamic Republic."

"We are waiting for practical steps" to be taken by the United States, said Khatibzadeh, adding that Washington should commit its international obligations.

The minister said it was the United States that "violated" its obligations pertaining to Iran's nuclear deal.

The United States should also compensate for losses that Tehran has suffered due to Washington's economic pressures, he added.

The Joint Comprehensive Plan of Action (JCPOA) was signed in 2015, which is also known as the Iranian nuclear deal. However, on May 8th, US President Trump announced his country’s withdrawal from the Iranian nuclear agreement following implementation of US secondary sanctions.

On May 8, 2019, the United States sanctioned Iran’s iron, steel, aluminum, and copper sectors, which account for Iran’s largest export revenue other than oil. In June 2019, the Trump administration sanctioned Iran’s largest petrochemical company and its subsidiaries. In 2020, the administration imposed sanctions on four additional sectors of the Iranian economy including construction, mining, manufacturing, and textiles.

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