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Iran says intensification of sanctions complicates nuclear issue
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c_330_235_16777215_0___images_stories_edim_02_ep1(163).jpgTEHRAN – Iran has criticized the new round of U.S. sanctions which came into effect on Monday, saying that imposing and intensifying sanctions is a failed policy that only complicates Iran’s nuclear issue. 

 
According to Reuters, the new sanctions, target trade with Iran’s shipping and automobile sectors, gold sales to Iran and handling of the Iranian currency, the rial - a further attempt to persuade Tehran to curb its nuclear program, which Iran says is entirely peaceful but the West suspects may be geared to developing weapons.  
 
The sanctions are the first since moderate cleric Hassan Rohani won the presidential election in June, boosting hopes for a resolution of the decade-old nuclear dispute, which, in the White House’s words, has drawn “the most stringent and broad sanctions regime in the history of the world.”  
 
Rohani will take office in August.   
 
“We have no doubt that the imposition of sanctions is a failed policy, and we are surprised why the U.S. government and other governments which took part in these sanctions continually repeat a wrong and failed policy,” Iranian Foreign Ministry spokesman Abbas Araqchi said in a televised interview broadcast live on Iranian television on Monday.   
 
“The Imposition of sanctions and the intensification of sanctions is not the solution to Iran’s nuclear issue and will not help settle this issue. Lifting sanctions can help resolve the issue as it is considered a confidence-building measure. But increasing sanctions will have no result except making the issue more complicated and more difficult to resolve, particularly given that these sanctions run counter to many of the principles they uphold or they claim (they adhere to),” he said. 
 
“The Americans have gained nothing with these sanctions, and it has been proved that these sanctions will not help,” Araqchi added. 
 
According to the New York Times, proponents of the latest round of sanctions said they could deprive the Iranians of billions of dollars of income, particularly with the new prohibition on gold trade. Bullion dealers in other countries who flout the prohibition risk severe American penalties, including expulsion from the United States precious metals market. 
 
EP/PA

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Last Updated on 02 July 2013 17:39