News ID: 256435
Published: 0241 GMT July 27, 2019

MP: US sanctions on Iran will gradually lose their impacts

MP: US sanctions on Iran will gradually lose their impacts

By Sadeq Dehqan & Farzam Vanaki

Although the pressure of US sanctions on Iran has reached its peak and Washington has employed different tricks to tighten the noose around Tehran, the White House bans will gradually lose their effectiveness and the Islamic Republic will manage to eventually overcome them, said an Iranian MP.

Speaking in an exclusive interview with Iran Daily, Mehrdad Lahouti, a member of the Iranian Parliament’s Plan, Budget and Auditing Committee, added over the past few months, the US has spared no efforts to pressure Iran.

He noted, however, a year after US withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in May 2018, which was followed by the reimposition of different unilateral sanctions on Tehran, the sanctions have lost much of their initial impacts as the Islamic Republic is figuring out different ways to minimize their influence.

“The current unilateral US sanctions are different from the international ones imposed on Iran prior to the signing of the JCPOA, between Tehran and the P5+1, in July 2015. Before the conclusion of the Iran nuclear deal, we were under the sanctions of the United Nations Security Council in addition to those of the US. However this time, Iran is under no UN Security Council sanctions and, moreover, other countries are not duty-bound to abide by those imposed by the US. The US seeks to maintain the pressure of the sanctions on Iran by employing different political and economic measures.”

He said the experience Iran gained in the previous round of the international sanctions shows that such restrictions, when in place over a long period of time, automatically lose their impact as countries constantly seek to safeguard their economic interests and, thus, prioritize them when addressing international issues.

“Therefore, the US would not be able to continue enforcing its sanctions against Iran for a long period of time, hoping to achieve its desired results.”

The lawmaker stressed that on the other hand with the next presidential election in the US looming (scheduled for November 2020) and since President Donald Trump has failed to obtain his desired results through the reimposition of sanctions, if the Iranian government and people manage the situation in the country effectively, preserve their unity and assist each other, they will be able to break the deadlock caused by the sanctions and make the situation far better for themselves.

Commenting on the approach adopted by Europe toward preserving the JCPOA, he said, so far, Europeans’ actions have failed to speak louder than their words.

They, however, will be required to take more practical steps in the future to this end by facilitating money transfer to and from Iran and the Islamic Republic’s oil exports, Lahouti noted.

“They can also make investment in Iran which will help restore trust to relations between the two sides.”

In addition, he said, Europe’s greater cooperation with Iran will deliver a message to the US, compelling Washington to reconsider its behavior toward Tehran.

The execution of the contracts signed between Iran and European countries in the post-JCPOA era can continue, the MP stressed, adding Iranian transportation companies and automakers had previously signed deals with their European counterparts which can be finalized and implemented.

Speaking to Iran Daily in a separate interview, Ali Sari, another Iranian lawmaker, said although Iran is currently under pressure in the fields of exporting oil and transferring money to and from the country, Washington will eventually fail to prevent Tehran from selling crude as the Islamic Republic has already proven to the world that it possesses such a capability.

The US intended to reduce Iran’s oil exports to zero, he noted, adding this comes as at present, “we sell enough oil to meet the needs of the country.”

Iran is currently selling its oil and has different customers, Sari stressed.

He noted a number of countries have held negotiations with the US to obtain waivers from the sanctions on Iran’s oil exports and have achieved good results in this regard.

The lawmaker described as quite attractive Iran’s oil under the present circumstances, saying this is because it is offered at a highly competitive price.

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