First round of US sanctions on Iran entered into effect early Tuesday
Iraq’s Foreign Ministry on Thursday condemned the re-imposition earlier this week of U.S. sanctions on Iran.
In a statement, ministry spokesman Ahmed Mahjoob said his country rejected the use of economic sanctions, of which, he said, the general public tended to be the primary victims.
Mahjoob also praised Iran for its continued support for Iraq and for the latter’s ongoing fight against terrorism.
“We call on the international community to exert pressure to discourage the U.S. administration from continuing these sanctions,” he said.
The spokesman went on to warn of the sanctions’ potentially negative effects “on Iran and the entire region, both in economic and social terms”.
On Tuesday, the U.S. re-imposed a first round of economic sanctions on Iran, which mainly target the country’s banking sector.
The sanctions are intended to hinder Tehran's acquisition of U.S. currency; its precious metals trade; bank transactions denominated in the Iranian rial; activities related to Iran's sovereign debt; and the country’s automotive sector.
