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Iran Has No Trade with Zionist Firms

Service : Economy
TEHRAN, May 28 (ICANA) - A senior Iranian official rebuts news about Israel's economic activities in Iran, saying Tehran has no business with 'Zionist' companies which are the root cause of sanctions against the Islamic Republic.
Saturday, May 28, 2011 11:24:22 AM
Iran Has No Trade with Zionist Firms

“News about activities of Zionist (Israeli) firms in Iran is a new game started in reaction to the willingness of certain countries to establish economic ties with Iran,” Chairman of Iran's Chamber of Commerce, Industries and Mines (ICCIM) Mohammad Nahavandian said on Friday.

“In addition to legal ban, Iran regards Zionist firms and their policy makers as the main factors behind economic sanctions (against the Islamic Republic) and refrains from making any deal with them,” he added, Fars news agency reported.

The Iranian commerce official downplayed anti-Iran sanctions and said Tehran has increased its economic ties with many countries.

He noted that several countries have expressed their willingness to increase economic interactions with Iran following the global economic crisis, saying, “They cannot deprive themselves from the growing economy in Iran.”

Nahavandian's remark came after US Secretary of State Hillary Clinton on Tuesday announced sanctions on seven international companies, including a leading Israeli company, Ofer Brothers Group, claiming that they had activities in Iran's energy sector.

“We believe that Tanker Pacific and Ofer Brothers Group failed to exercise due diligence and did not heed publicly available and easily obtainable information that would have indicated that they were dealing with IRISL (Islamic Republic of Iran Shipping Lines),” the US State Department said in a statement.

Western powers -- led by the United States -- have been making attempts to cripple Iran's energy sector in an attempt to dissuade it from carrying on with its peaceful nuclear program.

On June 9, 2010, the UN Security Council approved a US-engineered resolution imposing a fourth round of sanctions on Iran, particularly targeting its energy and financial sectors over unverified allegations that the Islamic Republic is pursuing a clandestine nuclear weapons program.

Shortly after the UN sanctions, Washington imposed fresh unilateral sanctions against Iran's financial and energy sectors, and then pressured Japan, Canada, and Australia to impose similar unilateral sanctions on the Islamic Republic to hit investment in the country's energy-related industries.

Iran says that as a member of the International Atomic Energy Agency and a signatory to the Nuclear Non-Proliferation Treaty, it has a right to pursue and utilize nuclear energy for peaceful purposes, including electricity generation and medical research.

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