ALWAGHT- An Iranian parliamentarian stated that the country’s oil and non-oil exports remain in a “favorable condition” despite intensified US sanctions.
Behrouz Mohebbi Najmabadi, a member of the Presiding Board of the Iranian Parliament’s Plan and Budget Commission, commented on recent political and economic developments, stating: “Despite the European troika (UK, France, and Germany) announcing the triggering of the snapback mechanism, ongoing political pressures, and the 12-day Israeli-imposed war against Iran, the country’s oil and non-oil exports remain in a ‘favorable’ condition.”
Najmabadi emphasized that not only are Iran’s oil exports continuing, but investment from like-minded and friendly countries is expected to increase, particularly in the infrastructure sector.
He also criticized the European troika for invoking the snapback mechanism, noting that despite signing the Joint Comprehensive Plan of Action (JCPOA), they have consistently failed to fulfill their commitments. Najmabadi highlighted that the sanctions being raised under the snapback are largely the same ones imposed on Iran in previous years, following the US withdrawal from the nuclear deal in May 2018.
