Iranian economy minister says US economic threats will not achieve their goals

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Iranian economy minister says US economic threats will not achieve their goals
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Iranian Economy Minister Ali Madani-Zadeh has said that US economic threats will not achieve their objectives, pointing to continued growth in trade with neighbouring countries and a rise in the value of Iranian exports relative to their volume, as well as assurances that essential goods and the stocks needed to meet domestic market demand are available.اضافة اعلان

Iran's state broadcaster, IRIB, quoted Madani-Zadeh as saying, in response to recent remarks by the US Treasury Secretary, that the economic threats Washington is issuing will not produce results, and that they amount to no more than attempts to put further pressure on his country.

He explained that all border crossings are open and that trade with neighbouring countries continues to grow, despite US economic pressure.

The minister pointed to a rise in the value of Iranian exports compared with the quantities exported, which he said reflects a move towards exporting higher-value goods rather than relying solely on increasing export volumes.

On domestic supply, Madani-Zadeh said imports of essential goods are well secured and that the necessary stocks are available in warehouses, stressing that the country's needs for these goods will continue to be met.

The remarks come amid mounting US economic pressure on Tehran, while the Iranian government insists that foreign trade continues and that essential supplies are available in local markets.