Media

Home page

Media

Rouhani: Iran must resist U.S. sanctions through oil, non-oil exports

04 May 2019 11:32 (UTC +04:00)

President Hassan Rouhani said on Saturday Iran must counter U.S. sanctions by continuing to export its oil as well as boosting non-oil exports, ONA reports citing Reuters.

Rouhani’s comments, carried live on Iranian TV, came a day after Washington acted to force Iran to stop producing low-enriched uranium and expanding its only nuclear power plant, intensifying a campaign aimed at halting its ballistic missile program and curbing its regional power.

“America is trying to decrease our foreign reserves ... So we have to increase our hard currency income and cut our currency expenditures,” Rouhani said.

“Last year, we had we non-oil exports of $43 billion. We should increase production and raise our (non-oil) exports and resist America’s plots against the sale of our oil.”