Rouhani Orders Boosting Non-Oil Exports to Face US Sanctions

 Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
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Rouhani Orders Boosting Non-Oil Exports to Face US Sanctions

 Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)

Iranian President Hassan Rouhani called Sunday for promoting trade with neighboring countries and boosting non-oil exports to face the impact of the US sanctions.

This came as the Iranian rial fell to a new low only three days after new US sanctions were announced against 18 Iranian banks.

Addressing the government’s Economic Coordination Committee session on Sunday, Rouhani said his government seeks to increase and develop non-oil exports in light of the most severe embargo imposed on the country.

“It is the duty of the competent authorities to remove administrative barriers in commercial relations with neighboring countries and make this matter a priority for their programs so that administrative red tape is addressed,” stressed Rouhani.

He also urged the Ministry of Economy and Finance to expedite the filling of the technical and administrative needs and deficiencies in the border customs departments and to establish a rapid mechanism for issuing approvals for entry and exit of goods.

Meanwhile, head of the Strategic Council on Foreign Relations Kamal Kharrazi said on Sunday that the new US sanctions against 18 Iranian banking institutions aim to bring the Iranian nation to their knees.

Speaking to IRNA, Kharrazi said the objective behind all the US pressures was to bring the Islamic Republic to collapse, but fortunately, with the resistance of the people, the White House did not achieve its sinister goal.

For its part, Kayhan newspaper, which is known as the voice of Iran’s Supreme Leader Ali Khamenei, accused on Sunday Rouhani’s government of greatly damaging the country by “ignoring” the warnings presented to him five years ago, about the presence of gaps in the Nuclear Deal.



China Blasts US Arms Sale to Taiwan, Lai's US Transit

FILE PHOTO: Flags of US and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo
FILE PHOTO: Flags of US and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo
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China Blasts US Arms Sale to Taiwan, Lai's US Transit

FILE PHOTO: Flags of US and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo
FILE PHOTO: Flags of US and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo

China vowed "resolute countermeasures" on Sunday to a recently approved US arms sale to Taiwan, and complained to the US for arranging for the democratically governed island's president to transit through US territory.
The US State Department approved the potential sale, worth an estimated $385 million, of spare parts and support for F-16 jets and radars to Taiwan, the Pentagon said on Friday.
The sale was announced hours before Taiwan's President Lai Ching-te left on a visit to Taipei's three diplomatic allies in the Pacific, with stops in Hawaii and the US territory of Guam.
The sale sends "a wrong signal" to Taiwan independence forces and undermines US-China relations, China's foreign ministry said in a statement.
The ministry said in a separate statement that it firmly opposes any official exchanges between the US and Taiwan and "strongly condemns" the US for arranging the transit.
China, which views democratically governed Taiwan as its own territory and the most important issue in its relations with Washington, strongly dislikes Lai, calling him a "separatist".
The United States is bound by law to provide Taiwan with the means to defend itself despite the lack of formal diplomatic ties between Washington and Taipei, to the constant anger of Beijing.
Taiwan rejects China's claims of sovereignty.