Oct 20, 2018, 4:19 PM
News Code: 83072317
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Straw: US sanctions on Iran less effective than anticipated

London, Oct 20, IRNA – The US sanctions against Iran will prove to have less impact on the country than they were expected to have, says former British foreign secretary Jack Straw.

Straw made the remarks speaking to Islamic Republic News Agency (IRNA) correspondent on Thursday on the sidelines of a meeting in London on trade relations between Iran and the UK.

Asked to comment on the US withdrawal from Iran nuclear deal and its resumption of sanctions on Tehran, he said, “I think it is a miscalculation because they calculate in the present tense by pressure so that they will be able to get other countries on board, but so far hasn’t happened.”

US President Donald Trump on May 8 announced Washington’s unilateral withdrawal from a hard-won 2015 agreement of world powers with Iran over the country’s nuclear program.

Trump said he will reinstate sanctions on Tehran, the first round of which were imposed in early August and the second round is expected to come into force on November 4.

“My guess is it will lead to, with luck, that the US sanctions will be less effective than they anticipated,” Straw said. The other parties to the deal as well as the European Union have expressed their opposition to the US measure, pledging to make every effort to save the deal.

The EU Foreign Policy chief Federica Mogherini recently announced that a special mechanism will be introduced before the imposition of the second round of the US sanctions on November 4 to help the EU states continue economic cooperation with Tehran.

The new system – known as SPV – has been designed to allow the EU countries to continue their trade cooperation with Iran regardless of the US sanctions.


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