Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati

The Iranian economy is following the path of trade under sanctions and boosting its oil and non-oil exports, Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Saturday.

Iran Press/Iran News: In a reaction to remarks of the US Special Representative Brian Hook who has recently said that Iran’s oil export volume has reached 120,000 barrels of oil per day (BPD) Hemmati wrote on his Instagram account, "The news about new US sanctions against Iran is in the continuation of Maximum Pressure."

"That three new US sanctions imposed against the Islamic Republic of Iran are ‘repetitive and ineffective", he added according to Iran Press.

The United States imposed new sanctions on imports and exports of some Iranian construction materials.

Related News:

US imposes new Iran sanctions

Foreign Ministry Spokesman Seyyed Abbas Mousavi on Saturday said: "Unfortunately, the US state department is incapable of engaging in sound diplomacy and undertaking sensible diplomatic initiatives and relies solely on the force, sanctions and economic terrorism."

The United States on Thursday had imposed fresh sanctions on the Iranian construction sector and trade in four materials used in its military or nuclear programs, even as it waived sanctions to let foreign firms continue non-proliferation work in Iran.

Moreover, the United States imposed sanctions on 25 real estate and legal entities in cooperation with six regional countries. 101/205

Read More:

New sanctions against Iran, sign of US weakness: Mousavi