Iran blasts US ‘Economic Terrorism’ at major conference

Iran blasts US ‘Economic Terrorism’ at major conference

President Hassan Rouhani hits out at US “economic terrorism” against Iran as an international conference opens in Tehran with the participation of China, Russia, Turkey, Pakistan and Afghanistan.

Rouhani said US economic terrorism is specifically evident after its withdrawal from a multilateral nuclear deal with Iran and its decision to reimpose sanctions on the country.

He said economic terrorism is designed to create panic in the economy of a country and fear in other countries in order to prevent investment in the target country. 

Rouhani said, "We are facing an all-out assault which is not only threatening our independence and identity but also is bent on breaking our longstanding ties."

The President said Iran has been the biggest victim of terrorism and suffered heavy human and financial damage.