Iran's spokesman of Foreign ministry, Bahram Ghasemi said on Friday that the Islamic Republic has no concerns over the United States' fresh round of sanctions.

Iran Press/Iran News: "There is no room for any concern. We should wait and see that the US will not be able to carry out any measure against the great and brave Iranian nation," Iran's Foreign Ministry Spokesman Bahram Qassemi told IRIB on Friday according to PressTV.

US President Donald Trump announced in May that Washington was pulling out of the nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which lifted nuclear-related sanctions against Tehran in exchange for restrictions on Tehran's nuclear program.

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The first round of the bans – which had been lifted under the nuclear deal -- was re-imposed in August.

Iran's Foreign Ministry Spokesman Bahram Qassemi said the US carried out numerous measures and spent huge sums to exert pressure on international banks, companies, commercial enterprises and institutions in order to dissuade them from working with Iran but all such efforts failed to bear fruit.

"It seems that the US has no more capability to put countries and global economic enterprises under pressure," the Iranian spokesperson added.

Qassemi noted that the US sanctions are aimed at covering the country's failure in the economic sector and said Iran has the capability and knowledge to manage its' economic affairs and the nation's living conditions.

The Iranian government has also devised all necessary preparations in different sectors to counter the US excessive demands, Iran's Foreign Ministry Spokesman added.

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This is while, Iran together with the international community, are trying with goodwill to pave the way for Iran to achieve its' interests after the US illegal withdrawal from the deal.

A first round of American sanctions took effect in August, targeting Iran's access to the US dollar, metals trading, coal, industrial software, and auto sector. A second round, forthcoming on November 4, will be targeting Iran's energy sector and financial transactions.

In Nov. 02, Iranian President Hassan Rouhani said: “Unfortunately, the US, through raising unfounded claims and in complete disregard for its' international obligations, has abandoned the nuclear agreement and imposed extraterritorial and unilateral sanctions on Iran and, by extension, other countries,” he said, blasting the US for threatening others who seek to abide by a UN Security Council resolution that endorsed the 2015 nuclear deal.

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