President Rouhani:

US Fails in Defeating Iran

Iranian President Hassan Rouhani underlined Washington's fear of his country's capabilities, saying that the US will fail in all its plots against Iran.

News ID: 442676

Date: 27 December 2018 - 21:40

RNA - "The US main objective through these plots, sanctions and pressures, which are exerted directly on the great Iranian nation, the regional people and the world's trade and economic companies and are against all international rules, is to bring the powerful Islamic Republic of Iran to its knees," President Rouhani said, addressing legislators after submitting the next year's budget bill to the parliament in Tehran on Tuesday.

He added that whenever the Americans felt that Iran can take wide strides and make huge progress, they have created obstacles on its way because they fear the Islamic Republic's power and capabilities.

"Undoubtedly, the US will not attain its goal. Iran will stand against these plots more honorably and powerfully, and the people of Iran will show more resistance and vigilance," President Rouhani said.

In relevant remarks earlier this month, Iranian President Hassan Rouhani stressed Washington's failure to prevent his country's oil exports, expressing pleasure that crude sales had even increased after the US sanctions.

"Part of my meeting today with the oil minister pertained to a discussion of the conditions of oil sales. Thanks God, we are in suitable and good conditions. The Americans wanted to prevent our oil exports and I clearly tell people that our oil exports have improved after November 4 (the day US imposed oil sanctions against Iran) compared to the past," President Rouhani said after a joint meeting with the parliament speaker and the judiciary chief in Tehran.

He stressed Americans' failure to block Iran's oil supplies, and said they also made attempts to dissuade OPEC members from decreasing production but they failed.

"Our oil sales will stay the same course that it was before this (OPEC) meeting," Rouhani said.

Early in November, Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati said that the US had failed in its efforts to cut Iran’s oil revenues to zero with sweeping sanctions, while the country was ready to combat even worse conditions.

According to Fars News Agancy, Hemmati made the point posting a message on his Instagram page, underlining that it was no secret any more that the US had failed to carry out its earlier threats to push down Iran’s oil sales to zero under various pretexts.

“The Central Bank of Iran has developed various plans to cope with the worst-case scenarios after the second round of the US sanctions is carried out. Meanwhile, we have managed to build up our foreign exchange reserves over the past months,” he said.

According to Hemmati, the Central Bank of Iran had been focused mainly on stabilizing foreign-exchange market over the past few weeks through promoting Iran’s national currency.

“I’m sure that the great Iranian nation will leave behind successfully the current volatile situation. We are now developing new plans to restore balance to the market and prevent from further inflation,” he noted.

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