By Reuters – Dec 03,2016 – JORDAN TIMES –
In this photo taken on October 31, Iranian farm workers collect saffron flowers just outside the city of Torbat Heydariyeh, southeastern Iran (AP photo)
DUBAI — A US Senate vote to extend the Iran Sanctions Act (ISA) for 10 years shows the world that Washington cannot be relied upon to act on its commitments, Iranian Foreign Minister Mohammad Javad Zarif said on Saturday.
Iran has vowed to retaliate against the ISA extension, passed unanimously on Thursday, saying it violated last year’s agreement with six major powers to curb its nuclear programme in return for lifting of international financial sanctions.
“To the world community, the extension of sanctions against Iran shows the unreliability of the American government,” state broadcaster IRIB quoted Zarif as saying on arriving in India for an official visit. “America is acting against its commitment.”
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Categories: Economy, Iran, United States, US Economy
Sanctions are acts of stupid politicians who do not know anything better. Do they not know that they are harming a lot of friends too, who miss out on business opportunities? And sanctions do not work, they only harden already hard positions.