Iran's foreign minister warned Monday of the consequences of waging "economic war" against the Islamic republic through US sanctions, saying those conducting and supporting it could not expect to "remain safe".
"One cannot expect an economic war to continue against the Iranian people and that those waging this war and those supporting it remain safe," Mohammad Javad Zarif said at a joint news conference in Tehran with his German counterpart Heiko Maas.
"The only way to decrease tensions in the region is to stop the economic war," he added, noting Germany and the European Union could have an "important role" to play in defusing the situation.
Iran signed a landmark nuclear accord with Britain, China, France, Germany, Russia and the United States in 2015, leading to sanctions relief in exchange for curbs on its nuclear programme.
But the US administration of President Donald Trump has imposed sweeping sanctions on Iran and, according to Tehran, waged an "economic war" against it after walking away from the deal.
Germany's visiting foreign minister said his country would do its utmost to ensure tensions do not escalate.
"There is war in Syria and in Yemen, fortunately not here," Maas said. "We want to do everything we can to keep it that way" for Iran.
"Nevertheless, the tensions here in the region are worrying, and we fear that single events can trigger developments that end in violence, and we want to prevent this under all circumstances."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
