03 October 2018 - 15:55

Russia to Ignore U.S. Sanctions against Iran

Moscow plans to continue its cooperation with Iran even if new sanctions are slapped on Tehran, Russian Energy Minister Alexander Novak told reporters on Wednesday.
News ID : 92191
پرچم ایران و روسیه
"If new sanctions are imposed, we will continue our cooperation," Novak said on the sidelines of the Russian Energy Week forum in Moscow’s central exhibition hall Manezh.

"We are interested in continuing our cooperation with Iran, which is our long-term economic partner. Certainly, we need to further find the forms of cooperation to fulfill joint projects," Novak said.



Novak said he constantly maintains contact with Iranian Minister of Petroleum Bijan Namdar Zangeneh and hopes to hold a meeting with him on Wednesday, Tass reported.




"We discuss our cooperation and if he takes a flight today we will find time for bilateral contacts," Novak told reporters.




In May 2018, US President Donald Trump announced Washington’s decision to withdraw from the Joint Comprehensive Plan of Action (JCPOA), warning the United States would reinstate its old anti-Iranian sanctions and would impose new ones.



The first round of sanctions covering Iran’s automotive sector and trade in gold and metals was re-imposed overnight to August 7. Further sanctions are to come into effect from November 4 in a bid to reduce Iran’s oil revenues to zero.




 





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