Companies complying with US anti-Iran sanctions not welcome back: Iran deputy FM
Iran's Deputy Foreign Minister has said that foreign companies complying with US sanctions against the country will "not be placed in priority" in regards to the future of the Iranian economy.
He added that "those who comply with this policy and abandon the Iranian nation in these difficult circumstances" will not be "forgotten" and will "naturally" lose their prospect of engaging in future trade with the country, Abbas Araqchi said on Sunday.
"Those who have abandoned Iran should know that they have lost markets which cannot be easily won back in the future," he added.
The deputy foreign minister made the comments while speaking about the departure of South Korean companies from the country.
On Friday, South Korea's tech giants Samsung and LG Electronics reportedly pulled down their last advertisement banners in Iran.
The two companies had already cut their trade relations with Tehran in the past months, submitting to US sanctions imposed on Iran after Washington withdrew from the 2015 Iran nuclear deal in May 2018.
Speaking on Sunday, Araqchi said that the country was in a "very critical historical phase" as Washington's campaign of "maximum pressure" had reached its "highest level".
The deputy foreign minister added that the country prioritized domestic production and that companies that remain in Iran "in the current circumstances" will also rank higher in priority for trade cooperation.
According to reports, Samsung and LG’s affiliated companies in Iran - Sam and Gplus respectively - will continue production by relying on domestic production lines and by turning to alternative international trade partners.
Raeisi attends inauguration of Iran-built mega multipurpose project in Sri Lanka
Iran releases details of confiscated Israeli transit cargo
Opportunities of 25-year partnership for Iran and China
April 25: ‘Axis of Resistance’ operations against Israeli occupation
Hezbollah hits Israeli military sites near border with rockets, drones
Rwandans say UK deportation 'another brutal manifestation of neo-colonialism'
US troops begin construction of controversial pier off Gaza
Israel ‘spoofs’ GPS signals, endangering flight safety amid Gaza war: Report
Iran urges Security Council to address 'belligerent' Israeli atrocities
VIDEO | Leader meets workers on Labor Week
French police called in to break up US-style pro-Palestinian student demo
This makes it easy to access the Press TV website
