Iran has not given up on Europe yet

TEHRAN, Nov. 17 (MNA) – The Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araghchi has said that Iran has not lost all confidence in Europe to save the nuclear deal yet, adding that the diplomatic apparatuses have prepared counter-sanctions measures.

“We have not yet reached that point, but the Islamic Republic of Iran has prepared necessary measures for all possible scenarios and will take the necessary action for each of them at the appropriate time,” Abbas Araghchi said speaking to IRNA news agency on a visit to Spain to talk with his Spanish counterpart on Saturday.

"We have not yet reached to the point that we give up on Europe," the deputy foreign minister added.

In response to a question with regard to solutions to Iran’s trade problems including using either crypto currencies, or Russian alternative to SWIFT, or supplying oil through stock exchange, the Iranian diplomat said “we have examined and planned a lot of solutions to counter the sanctions, and our colleagues in the government economic apparatuses have built up working groups that are working on all ideas and reviewing solutions.

With respect to EU-promised Special Purpose Vehicle (SPV), he said “It's a reality that Americans are threatening Europeans not to work with Iran with regard to the sanctions. This is against the sovereignty of European countries and I think that Europeans must take action to preserve their sovereignty and credibility.”

“The Islamic Republic of Iran has been living under sanctions for 40 years, and we have learned to find our way and how to deal with these sanctions, but it is Europe that now has to decide whether it wants to be financially ruled by the United States or it wants to preserve its sovereignty,” the Iranian deputy foreign minister noted.

KI/IRN83102501

News Code 139684

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