BREAKING NEWS

Iran warns it will not trade with those who obey sanctions

By JPOST.COM STAFF

JULY 24, 2010 16:02

Iran threatened to cease trading with countries who obey international sanctions passed against it and impose restrictions on the Islamic Republic's assets abroad, Reuters reported on Saturday.

The UN, US and European Union recently passed economic sanctions against Iran for the country's refusal to stop its uranium enrichment program, which western powers believe Teheran will use to make a nuclear bomb.

Deputy head of the Central Bank of Iran Hamid Borhani told the Iranian Mehr news agency that "any country that creates limitations for Iran's assets, we will stop trading with them. We have to protect our assets."

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