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Arsalan Fathipour:

Crisis-hit Europe to be hurt from Iran oil ban

Service : Politic
Tehran, July 2, (ICANA) – Chairman of the Majlis Economic Commission Arsalan Fathipour says the crisis-hit economy of the European countries will be hurt by the US-engineered European Union (EU) sanctions imposed against the Islamic Republic.
Tuesday, July 03, 2012 3:14:06 PM
Crisis-hit Europe to be hurt from Iran oil ban

“Iran has so far proved that it has the power to circumvent sanctions and therefore the European countries and the US with their crisis-hit economies will be the main losers of the sanctions,” Fathipour  saidon Monday.

He added that sanctions have always failed to have an impact on the Iranian nation’s resolve to achieve progress and they will continue to fail in future.

”Enemies of the Iranian nation should know that the Islamic establishment will never succumb to such bullying and if there is need to pay a price, it (the establishment) will pay this price just as it did during the eight-year [Iraqi] imposed war,” Fathipour added.

He said sanctions will not last for a long time because this project, belonging to arrogant powers, like their previous plots is doomed to failure.

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