Iran to North Korea: US Can't Be Trusted

09 August, 2018, 09:06 | Author: Carlos George
  • By Hyonhee Shin and Babak Dehghanpisheh

The new USA sanctions, imposed on Tuesday, target Iran's access to dollars and its ability to trade in gold and other precious metals. At current market rates, the imports are worth some $15 billion a year.

"The performance of the US government over the years is such that today the United States is recognized as an unreliable country in the world that does not adhere to any of its obligations", the President said, calling for the "expansion of relations and cooperation" between Tehran and Pyongyang.

North Korea's foreign minister Ri Yong Ho on Wednesday met with the Iranian President in Tehran on the second day of an ongoing trip to the country, Iranian state news outlets reported, with Rouhani stressing the DPRK should not place excessive trust in American commitments. Donald Trump claimed they were "the most biting ever imposed" and warned that in November, sanctions would "ratchet up to yet another level" with an embargo on Iranian oil and blanket sanctions on Iranian banks.

"We are encouraging small and medium enterprises in particular to increase business with and in Iran as part of something (that) for us is a security priority", she said during a joint press conference with New Zealand Foreign Minister Winston Peters.

He doubled down on that sentiment Wednesday saying that before USA sanctions "nobody supported Iran".

The Trump administration will ratchet up pressure on Tehran's economy in early November when USA sanctions on Iranian oil are due to snapback.

Iran has dismissed a last-minute offer from the Trump administration for talks, saying it could not negotiate while Washington had reneged on the 2015 deal to lift sanctions.

"Tantrums & CAPPED TWEETS won't change the fact that the world is sick & exhausted of U.S. unilateralism".

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"Wherever you see Iranian activity, you see Qassem Soleimani".

The DPRK foreign minister in response reiterated the praise for the two countries' longstanding relationship and agreed with the Iranian President's calls for strengthening ties.

"The Americans have assembled a war room against Iran", Zarif said.

"For whatever reason they're doing that, I hope that continues", Votel said.

Most Iranians see USA hostility as a basic fact of life, so their frustration is largely directed at their own leaders for not handling the situation better.

Long-running discontent over high prices, unemployment, water shortages and the lack of political reform has sparked numerous protests over the past week, though verifiable information is scarce due to heavy reporting restrictions.

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Iran's currency has lost around half its value since Trump announced the USA would withdraw from the nuclear pact, but has surged since Sunday, following the arrest of the central bank's currency chief and new plans being announced. Ali Vaez, Iran project director for the International Crisis Group, told AFP that the sanctions would inflict "significant harm" on the Iranian economy.

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