Ahmadinejad says Iran does not fear sanctions

Iran Focus: Tehran, Iran, Oct. 09 – Iran’s hard-line President Mahmoud Ahmadinejad asserted that the Islamic Republic was not afraid of the threat of international sanctions over its refusal to abandon its sensitive nuclear work, the official news agency IRNA reported on Monday. Iran Focus

Tehran, Iran, Oct. 09 – Iran’s hard-line President Mahmoud Ahmadinejad asserted that the Islamic Republic was not afraid of the threat of international sanctions over its refusal to abandon its sensitive nuclear work, the official news agency IRNA reported on Monday.

“European and Western sanctions against Iran will have no affect on our decision making”, Ahmadinejad told reporters on the sidelines of a meeting with medical officials.

The hard-line president said that Iran would seek to impose its own counter-sanctions if the West imposed sanctions on Iran. “They have inflicted all that they were capable of over the past 27 years. These [threat of sanctions”> are nothing new”.

“At the end, they will conduct their own business and we will conduct ours”, he said.

Ahmadinejad described what he called a “very simple formula”: If there is “faith, determination, and resolve” then Tehran would be victorious in the standoff.

The United Nations Security Council adopted Resolution 1696 on July 31 demanding that Tehran suspend all its uranium enrichment activities by August 31 or face the threat of sanctions. Tehran missed that deadline.

The chief of the UN nuclear watchdog Mohammad ElBaradei reported on August 31 that Tehran had not suspended its uranium enrichment activities and had blocked IAEA inspectors from inspecting its nuclear facilities.