TODAY.AZ / World news

Iran: any attempts to undermine nuke deal doomed to fail

03 December 2016 [17:12] - TODAY.AZ
By  Trend


Any country which attempts to undermine Iran's nuclear deal will lose, Iran’s economy minister, Ali Tayebnia, said.

Tayebnia made the remarks on the sidelines of the 23rd National and 9th International Conference on Insurance and Development started on Dec. 3 in Tehran, Trend’s correspondent reported from the event.

He further said that the JCPOA (Joint Comprehensive Plan of Action aka nuclear deal) is multilateral, not bilateral agreement which is ratified by the UN Security Council.

Tayebnia said that the Iranian administration circumvented sanctions and achieved positive economic growth.

He added that the Islamic Republic intents to make more economic gains in the post-JCPOA period.

The US lawmakers have recently reauthorized the Iran Sanctions Act (ISA), which was first introduced in 1996 to punish investments in Iran's energy industry based on accusations that Tehran was pursuing non-civilian objectives in its nuclear energy program.

While the US President Barack Obama is expected to approve the legislation on the renewal of sanctions against Iran for the next 10 years, Iranian leaders have sharply criticized the motion describing it as a breach of the last year’s landmark nuclear deal.

Elsewhere in his remarks, Tayebnia asked Iran’s Insurance Syndicate to prepare ground for presence of foreign insurers on Iran’s market in the coming months.

Some 2,500 domestic and foreign entrepreneurs in the insurance industry have taken part in the Tehran conference which focuses on 'Market Functions and Mechanisms in the Insurance.'

Besides Tayebnia, Governor of Central Insurance of Iran Abdolreza Hemmati and officials working in the insurance industry are present at the conference.

Several guests from Germany, Britain, Lebanon, Switzerland, Belgium, France and Japan have attended the international insurance conference as well.

URL: http://www.today.az/news/regions/156588.html

Print version

Views: 1355

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: