UK official: US anti-Iran approach unlikely to succeed

London, April 23, IRNA - Chairman of British-Iranian Chamber of Commerce offered regret over US hostile approach against Iran, saying these measures are unlikely to succeed.

'I deeply regret the US attempts to end sanctions waivers for some of the largest consumers of Iranian oil,' Lord Norman Lamont told IRNA.

Lamont added 'these measures are extremely aggressive, unlikely to succeed in their stated aim and will be counterproductive with much public opinion in Iran.'

'I regard it as a tragedy that the US should have undermined the attempts of President Rouhani to move to a more normal relationship with the West, one can hardly blame Iranians who now feel disinclined to trust the West,' the British official noted.

'This is a setback from which it will take years to recover,' Lamont reiterated.

The US Secretary of State Mike Pompeo once again in a unilateral and hostile act on Monday declared anti-Iran measure to lift sanctions waivers on buyers of Iran oil.

According to Western media, Pompeo claimed that the US had gained assurances from oil producers - namely Saudi Arabia and the UAE - to ensure a sufficient supply to minimize impact on pricing.

He added that sanctions waiver permission will be expired on May 1 and the decision will be implemented on May 2 meaning that no permission will exist to extend these waivers.

On May 8, 2018, Trump withdrew from the JCPOA, which was condemned by other parties to the 2015 agreement.

Despite the fact that Washington had claimed to zero Iran oil exports, the US agreed to let eight countries, including China, Japan, India and South Korea, Taiwan, Italy and Greece keep buying Iranian oil after it reimposed sanctions on the OPEC producer on November 5.

This is while, the Instrument in Support of Trade Exchanges (INSTEX) has been registered at the address of France's Economy and Finance Ministry in Paris.
German banker Per Fischer has been chosen for a period of six months to run it.

Earlier, Iranian President Hassan Rouhani said that the US will find out that it has taken the wrong path; he said, adding that the path will not frustrate Iranians, but will make them more prepared for maintaining closer ties with neighbors.

Commenting on the claims to cut Iranian oil to zero, President Rouhani said they have recently confessed that they will not be able to do so.

The oil will be exported in the region totally or if it is supposed to stop Iran oil exports, others will also have problem, he reiterated.

Lamont believes that INSTEX can be used for settling debts to Iran.

He also urged Iran not to undermined efforts made by Europe to establish INSTEX.

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