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News number: 9203181404

15:52 | 2013-06-11

Economy

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Official: Iran Able to Turn West's Sanctions into Opportunities

TEHRAN (FNA)- The US-led western sanctions against Iran have been ineffective so far, a senior Iranian official said, adding that Iranians have changed pressures and embargos into opportunities through unity and solidarity.



"Imposing sanctions against Iran is not something new, they have been around for the last 30 years and each time Iran adopted itself to conditions and circumstances," Iranian Oil Ministry's Director-General for Europe, the US and the Caspian Sea Littoral States Hossein Esmayeeli Shahmirzadi.

Shahmirzadi noted that sanctions provide opportunities for domestic companies to take more active part in the country's developing energy sector.

Washington and its western allies accuse Iran of trying to develop nuclear weapons under the cover of a civilian nuclear program, while they have never presented any corroborative evidence to substantiate their allegations. Iran denies the charges and insists that its nuclear program is for peaceful purposes only.

Tehran stresses that the country has always pursued a civilian path to provide power to the growing number of Iranian population, whose fossil fuel would eventually run dry.

Despite the rules enshrined in the Non-Proliferation Treaty (NPT) entitling every member state, including Iran, to the right of uranium enrichment, Tehran is now under four rounds of UN Security Council sanctions and the western embargos for turning down West's calls to give up its right of uranium enrichment.

Tehran has dismissed West's demands as politically tainted and illogical, stressing that sanctions and pressures merely consolidate Iranians' national resolve to continue the path.

Tehran has repeatedly said that it considers its nuclear case closed as it has come clean of International Atomic Energy Agency (IAEA)'s questions and suspicions about its past nuclear activities.