Khamenei says Iran does not have anything to be concerned about



"They can not think that Iran won't export oil and others will export.". At current market rates, the imports are worth some $15 billion a year.

The visit coincided with the United States reimposing sanctions on Iran after President Donald Trump abandoned a 2015 multilateral nuclear deal in May.

"China's commercial cooperation with Iran is open and transparent, reasonable, fair and lawful, not violating any United Nations Security Council resolutions", the Chinese foreign ministry said in a statement to Reuters.

Iran's Foreign Minister Mohammad Javad Zarif met with his North Korean counterpart Ri Yong Ho on Tuesday (Aug 7), on the same day the USA reimposed nuclear-related sanctions on the Islamic republic.

Iranian President Hassan Rouhani told the visiting North Korean foreign minister the USA can not be trusted.

Within hours of the sanctions taking effect, German carmaker Daimler said it had "suspended our already limited activities in Iran in accordance with the applicable sanctions".

Last month, Trump offered to meet Iran's leaders "without preconditions".

'We stand together to stop Iran's malign activities'.

Trump decided this year to pull out of the agreement, ignoring pleas from the other world powers that had co-sponsored the deal, including Washington's main European allies, Britain, France and Germany, as well as Russian Federation and China.

"Today, the regime in Iran is at odds with world peace", the secretary of state, Mike Pompeo, said in a tweet".

His visit to Iran is the first by a high-ranking DPRK delegation since August a year ago, when President of the Presidium of the Supreme People's Assembly Kim Yong Nam and vice foreign minister Choe Hui Chol spent several days in the country.

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

Despite the political will to hold firm, many large European firms such as German automaker Daimler are leaving Iran for fear of U.S. penalties.

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.

There have been rumours that Trump and Rouhani could meet in NY in September on the sidelines of the UN General Assembly - though Rouhani reportedly rejected U.S. overtures for a meeting at last year's event. Unlike many other news organizations, we have not put up a paywall.

Help us grow and continue telling Israel's story to the world. Petroleum-related transactions and transactions by foreign financial institutions with the Central Bank of Iran will also be affected. "But this is not the first time that the Iranian leadership is dealing with sanctions", Vaez said.

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