Iran Calls For ‘Elimination’ Of Dollar To Stop US ‘Economic Terrorism’
- Iran Calls For ‘Elimination’ Of Dollar To Stop US ‘Economic Terrorism’
by https://www.zerohedge.com/
Iranian Foreign Minister Mohammad Javad Zarif said on Sunday that America’s economic influence would be eliminated if countries halt the use of dollars in their international transactions, reported Sputnik.
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“America’s power rests on the dollar; a great part of America’s economic power will go away if countries eliminate the dollar from their economic systems,” Zarif said at a school even in Tehran.
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President Trump has waged economic warfare on Iran ever since Washington withdrew from the Joint Comprehensive Plan of Action (Iran nuclear deal). Washington has forced Iran’s trade partners, who use dollars, to halt trade with Iran.
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“It amounts, by definition, to economic terrorism because the US is putting pressure in terms of what its president calls warfare on normal ordinary Iranians in order to change the policies of their government,” he told reporters.
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Zarif isn’t the only senior official in the world who has spoken about to dollar’s demise; we reported last Wednseday that Russia and China are set to sign an agreement which would boost the use of their national currencies in bilateral and international trade, in an attempt to move away from the dollar.
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“It is planned that Russia and China will be developing bilateral payments in national currencies, encourage and expand the use of national currencies, particularly through the promotion of their use when signing international trade contracts. According to the draft agreement, the sides will also assume the required measures to lift barriers for payments in national currencies. -TASS
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De-dollarization efforts in Iran come against a new tranche of US sanctions on Tehran’s petrochemical sector, targeting Persian Gulf Petrochemical Industries Company.
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