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U.S. Sanctions Won’t Stop Trade – Central Bank Of Iran

Unic Press UK: The Islamic Republic of Iran has said that the country’s trade activities would continue despite the re-imposition of U.S. sanctions by the administration of Donald Trump.

“We have been in talks with our trade partners and all the necessary actions have been taken for Iran’s interactions to continue. We were expecting these sanctions, so we had plans in place for them and beyond… considering the possibility of banks being disconnected from SWIFT we have considered alternatives to replace it,” the Press TV reported, citing the governor of the Central Bank of Iran (CBI).

Along the same line, Iranian President Hassan Rouhani while addressing the directors and deputies of the Ministry of Economic Affairs and Finance on Monday accused the United States of using “the language of force, pressure, and threats to speak to the great Iranian nation,” vowing to break the sanctions and punish the U.S.

On May 8, 2018, the United States withdrew from the Joint Comprehensive Plan of Action (JCPoA), which was inked in 2015 by the Islamic Republic of Iran, the European Union and the P5+1 countries – China, France, Germany, Russia, the United Kingdom, and the United States, insisting that the deal was bad for the world and America. The U.S. said then that a new deal must be agreed, otherwise punitive sanctions would be re-imposed on Iran.

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