Iran Nuclear NewsIran to cut mineral exports to sanction supporters: paper

Iran to cut mineral exports to sanction supporters: paper

-

Reuters: Iran will curb its mineral exports to countries that supported a new round of United Nations sanctions over Tehran’s nuclear program, an official was quoted as saying on Tuesday.

TEHRAN (Reuters) – Iran will curb its mineral exports to countries that supported a new round of United Nations sanctions over Tehran’s nuclear program, an official was quoted as saying on Tuesday.

The sanctions resolution, approved by the Security Council last week, expanded existing measures targeting Iranian banks and arms imports.

Iran refuses to halt its nuclear enrichment work that the West suspects is geared to making nuclear weapons, a charge Tehran denies.

“Soon, the exports of mineral products to those countries that voted in favor of the sanctions against Iran will be limited,” Mohammad Masoud Samienejad, deputy industries and mine minister, said in comments carried by the daily Arman.

“The exports subtracted to these (sanction supporting) countries will be given to those others with whom we have not been able to trade due to production limitations,” he said.

He did not did not say who the buyers of Iranian mineral products are.

Iranian government officials were not immediately available for comment.

Iran is the second-largest crude producer within OPEC and the fifth largest oil exporter in the world, and has the second-largest gas reserves. It also has minerals including chromite, lead, zinc, copper coal, gold, tin and iron.

(Writing by Hashem Kalantari; editing by Sue Thomas)

Latest news

Iran’s Regime Uses War to Legitimize the Gallows

As the world's attention remains fixed on the drums of war echoing across the Middle East, the Iranian regime...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented challenges in recent months. Point-to-point inflation has reached 96%, and...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the world's largest illegal gambling networks has become part of the...

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on household livelihoods, the Statistical Center of the Iranian regime announced...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission of the Iranian regime's Majlis (parliament), described the country's drug...

Iran: Growing Demand for Installment Payment Plans for Medical Services

Amid rising prices and the deepening cost-of-living crisis in Iran, Eghtesad News website reported that installment payments are becoming...

Must read

UN urges states to take Iranian dissidents in Iraq

Reuters: U.N. Secretary-General Ban Ki-moon has urged nations to...

London Olympics: Iran to compete despite logo complaint

BBC: Iran has indicated it will attend the 2012...

You might also likeRELATED
Recommended to you