In the first official response to the latest sanctions from the US Treasury Department’s Office of Foreign Assets Control against two companies and two individuals associated with Iran’s petrochemical industry, the Islamic Republic’s Deputy Foreign Minister for Economic Diplomacy said, “Sales continue and will continue in various directions.”
“Thursday’s sanctions will not cause a problem in the sale of petrochemical products,” Mehdi Safari said in a televised interview, accusing Washington of “making excuses” for sanctions against Iran.
He added: “The list of sanctions against companies is a long list and every day different companies can be created and continue their work..»
Under the sanctions on Thursday, four Emirati companies, three Chinese companies, two Iranian companies, an Indian citizen and a Chinese citizen who support Trilliance Petrochemical Company and Iran Petrochemical Trading Company were subject to US sanctions.
US Secretary of State Anthony Blinken issued a statement stressing Joe Biden’s administration of “sincerity and steadfastness” in “pursuing meaningful diplomacy to achieve a reciprocal return to full implementation of the Comprehensive Joint Action Plan (CJAP).” Washington said it would continue to use sanctions to limit Iran’s exports of “oil, petroleum products and petrochemicals” if no agreement is reached.
“There is an agreement on the table that the Iranians can accept,” White House National Security Adviser Jake Sullivan said Thursday, referring to the Islamic Republic’s “useless” steps toward enrichment. He warned that the continuation of Iran’s current actions would be accompanied by more sanctions than the United States.
Negotiations to revive Borjam between Iran and world powers, which were nearing completion in March, have stalled due to Russian sabotage and the Islamic Republic’s post-conflict demands, including the removal of the Islamic Revolutionary Guard Corps from the list of foreign terrorist organizations.