`EU sanctions on Iran to harm European economy`
Tehran: Iran has said the new European Union sanctions against the Islamic republic would further destabilise the already-worsening European economy, Xinhua reported.
According to Iran`s foreign ministry spokesperson Ramin Mehmanparast, the restrictions contravene the international law and regulations, including the freedom of trade and financial transactions between countries, Press TV reported Wednesday.
The EU slapped fresh sanctions against Iran Monday, including banning import of natural gas from Iran "over lack of progress in nuclear talks".
It also stressed a diplomatic solution to the Iranian nuclear issue while urging the country to "comply with all its international obligations".
The EU insistence on using "threadbare and uncivilised tools" instead of diplomacy and negotiations based on mutual respect will only further complicate the matters at hand, Mehmanparast said.
"This approach will not only fail to help resolve issues, but will also have a negative impact on the European economy at the time of present economic crisis and the Europe should be ready to face its consequences," Mehmanparast added.
The West has been accusing Iran of secretly developing nuclear weapons under civilian disguise, a charge that Tehran denies.
More from India
More from World
More from Sports
More from Entertaiment
- Kalam's advisor recalls his last moments with the great scientist
- To Sir with Love: School kids pay tribute to Dr Kalam
- DNA: Complete analysis of APJ Abdul Kalam's life and achievements
- India mourns APJ Abdul Kalam; PM to receive body at Palam airport
- Kalam's body flown to Delhi; PM, Prez lead nation in paying homage
- When UN declared Dr APJ Abdul Kalam's 79th birthday as World Students' Day
- SC hearing on 1993 Mumbai blasts convict Yakub Memon's curative plea
- India's 'original rocket man': Abdul Kalam's phenomenal contribution to Science
- Parliament pays tributes to Dr APJ Abdul Kalam, calls him 'real gem' of India
- Ready to see Shah Rukh-Salman together on-screen?