Ahmadinejad says EU the sanctions loser

2012-01-26 20:15

Tehran - The European Union rather than Iran will lose out under new EU sanctions banning Iranian oil, President Mahmoud Ahmadinejad said on Thursday as lawmakers said they might cut supplies to EU countries ahead of a July 1 deadline.

"It is the West that needs Iran and the Iranian nation will not lose from the sanctions," Ahmadinejad said in his first public comments on the issue since the EU's 27 member states agreed the ban on Monday.

"There was a time when 90% of our trade was with the Europeans. It has now dropped to 10%. We didn't call for this. Cut it [trade] and let's see who will incur the loss," he said in excerpts of a speech broadcast on state radio.

Tehran has said the EU's six-month phase-in for the ban indicates its difficulties in cutting Iranian oil supplied as it faces unprecedented economic uncertainties due to a debt crisis. The EU is Iran's second biggest oil customer after China.

Parliament will debate on Sunday a bill that would oblige the government to halt oil exports ahead of the July 1 deadline the EU set in order to soften the blow to the ailing economies of Greece, Italy and others to whom Iran is a major supplier.

"All European countries that made Iran the target of their sanctions will not be able to buy even one drop of oil from Iran and oil taps will be turned off to them so that they will not play with fire again," lawmaker Nasser Soudani told the semi-official Mehr news agency.

The EU move and new US measures aimed at making it harder for countries around the world to buy oil from Iran, OPEC's second biggest exporter, constitute the toughest sanctions yet aimed at pressuring Tehran to curb its nuclear programme.

They come as Ahmadinejad is struggling to control rising inflation and a currency crisis which itself was partly caused by the psychological impact of the new sanctions.

Central Bank Governor Mahmoud Bahmani told state television that in addition to higher bank interest rates announced on Wednesday, Tehran would enforce a single exchange rate from Saturday, an attempt to stamp out a black market where dollars have soared due to fears over the sanctions.

  • Barry - 2012-01-26 20:33

    Go Iran. It is shocking what the terrorist nations in the West are doing to you. Thankfully you are blessed with the majority of people in this world that detest violence and war. If you have to go to war based on trumped up charges, we support you. 100%

      Mthuthuzeli - 2012-01-26 21:28

      Iran has had US-led sanctions (covertly) against it for 30 years so I imagine they have developed strategies for most eventualities. The EU is a dysfunctional entity disintegrating before our eyes and they declare an oil ban? Iran may be “isolated” from the United States and Western Europe, but from the BRICS to NAM (the 120 member countries of the Non-Aligned Movement), it has the majority of the global South on its side. And then, of course, there are those staunch Washington allies, Japan and South Korea, now pleading for exemptions from the coming boycott/embargo of Iran’s Central Bank. Westerners seem to forget that the Middle Kingdom and Persia have been doing business for almost two millennia.

      Hotkop - 2012-01-27 00:31

      HA HA HA!!!!! Mthuthuzeli you idiot! It's nice to copy and paste! You got this statement from I always knew you had an IQ of.....Gosh I can't count to minus infinity!

      Gerhard - 2012-01-27 10:32

      The ayatollahs are an abomination to human decency.

  • Mthuthuzeli - 2012-01-26 22:09

    In the near future, with the Europeans out of the mix, virtually none of Iran’s oil will be traded in dollars. Iran has been spearheading the move to torpedo the petrodollar as the all-purpose currency of exchange, and is bound to translate into an anxious Washington, facing down not only a regional power, but its major strategic competitors China and Russia. No wonder all those carriers are heading for the Persian Gulf right now. Also, this move by Iran and India was predicted by financial fundis to move away from the debt-worthlessness of the dollar and into other means of a more stable global transactions network. Obama and the US political elite will go down as the worst political horror show in American History who do not deserve to be leading the world, including their European counterparts who have sub-contracted their foreign policy to the hawks in Washington. I suppose the Iranians have been watching Max Keiser on RT.

      Hotkop - 2012-01-27 00:32


  • Anthony - 2012-01-27 06:00

    Comments by the ones who are so anti Western, and who don't have ONE good word to say about the USA and Europe, one just can't take serious. Than when these same ones, hero's include, Ahmadinejad, Chavez, gaddafi , Mugabe , one can only conclude they are exremists, with very little to contribute to any debate. Their hatred for the West is to such an extend, that they are blinded, and so rather make up their own stories and "facts" !! They don't profess to talk on behalf of the population of Africa, but feel it is their duty, to educate the masses of Africa. But the unfortunate , and must be very frustrating, fact is, that Africa, has no apetite for any kind of radicalism. To believ the oposite, maybe rather than commenting on Iran, one would do better, first to understand the African mind !!!!!!

      Barry - 2012-01-27 06:59

      I am an African. You are so out of sync with African thinking. The west does not give a damn about Africa or any other place not called the west. West only gives a damn about the west.

      Anthony - 2012-01-27 07:48

      @Barry, With all due respect, If you are an African, that does not mean, you understand the aspirations of Africans on this continent. The fact is, you are way out of touch with realty !!! And....if the West does not give a damn about Africa, than how come , they send every year Hundreds of Millions of Euro and US $, for EMERGENCY AID, to fight mass starvation, and for fighting deceases, like Aids and Malaria. Aid that has saved the lives of MILLIONS OF AFRICANS !!!!!! Just yesterday, the Bill and Melinda Gates foundation pledged another 750 Million US, to fight these deceases, which most of it coming to Africa. This foundation has now donated 1.400 Million US !!!!!! I know this is not a lot of money if you compare it with the money the gaddafies stole from the Libyan people, or the amount Angola's dos Santos has in his private accounts !!!!!!!!!!!!!!!!!

      Barry - 2012-01-27 08:13

      @Antony. If Western companies kept more the profit they made in the continent of Africa, as they rape this continent economically, there probably would not have to be "Aid" as you call it. The "Aid" just makes the West look good for fools you think the West is "the savior of the free world". Bill Gates is an individual, his efforts to improve the lot of humanity world wide have to commended. In addition lets agree his company has not raped the African continent economically as most western backed companies have and do. This article has nothing to with Gaddafi or Dos Antos, still as you bring them they are regarded as true African heroes.

      Hotkop - 2012-01-27 08:29

      Barry, why don't "Africans" have the ability to give a damn about themselves? Always complain about the west when things are OK but when your bellies are empty the west is not so bad!

      Endof - 2012-01-27 09:35

      @Barry - " they rape this continent economically" - what and you think the Chinese and Indians are here because they like Africans?

      ludlowdj - 2012-01-27 09:40

      Anthony, its is you and your western friends who neither understand nor see the bigger picture. your so called Democratic governments have lied to you for years and instead of opening your eyes and seeing the truth you prefer to continue the lie. Africa is one of the most Radicalized continents on earth, so where you get your information from astounds me. Africa is the heart and souls of the anti colonial and anti-western forces. While the US and Britain have been the biggest threat after Israel to the world since Nazi Germany, your comments show that it is in fact you who need to learn the truth instead of buying into party lines and who until then cannot be taken seriously. I don't often get upset with commentators here, but in your case as a white South African, I am saying to you, it may be better for everyone concerned if you and your family go back to where you came from, we don't need your sort in this country.

      Anthony - 2012-01-27 09:40

      @Barry, To say that Western companies RAPE this continent, is just plain silly, Surely you can do better than that !!! To say that the West, gives aid to Africa, just to look good, is just plain crazy. What is actually amazing, is that the West, without hardly ever getting a 'thank you', (as a matter of fact, they get the oposite), But they keepon sending this aid !! No long stories, " he' things are bad at home, etc, No, just caring for the African population, and may I say, a lot more than many African leader, cares about his "own" people!!!!! "gaddafi and dos Santos, regarded as true african HEROES!!!!????" BY WHOM?? Most certainly NOT by the Libyans or the Angolan population !!!!!!

      Barry - 2012-01-27 09:41

      @Hotkop amd Endof. You have your opinions. I see you don't disagree with me though.

      Anthony - 2012-01-27 10:23

      @Ludlowdj, Johhhhh, you can talk a load of rubbish!!!!! " Africa, the most radicalized continent on earth" !!!!!!!! Come on, some neighborhoods in New York, are more radicalized than the whole of Africa!!! If Africa is soo radicalized, how come, in NO country in Africa, where they have held ( free and fair ) elections, has ANY radical party, made ANY impact??? Here in SA, all these "radical" parties, like the PAC, or AZAPO, have become totally irrelevant in SA !! In politics; STICK TO THE REALITY, otherwise, if you want to go daydreaming, think of something else, like sex !!!! And me leaving this country.....just a little snag....... I am married to an African lady, and our kids are born here, Or should we all leave, because someone with some half baked pseudo intellectual BS, tells us to do so ????????

      Endof - 2012-01-27 11:08

      @Barry, I do disagree with you to be honest, but you seem to imply that only the "west" rape and pillage Africa. The Chinese do it far more effectively, because they are shaking africas hand (with a smile on their face) and picking their pockets with the other.

      Barry - 2012-01-27 11:55

      @Endof.. You are saying that China does a better job of raping Africa than the USA. I disgree. Still you argument is weak as you do agree the USA are doing it but not well as China.

      Barry - 2012-01-27 12:04

      @Anthony.. Lets agree to disagree on the activities of the USA in Africa. The West takes a lot more money out of Africa in profits than it "gives" back in "Aid". It is quite sickening. To most people living on this African continent, the West is the enemy. Who thinks Gaddafi and Dos Santos are African Heroes ? Most of the population of Africa. You just don't get it do you ?

      Anthony - 2012-01-27 12:21

      @Barry, Sure, I acknowledge, we will never agree!! Just a final though, re the American and Chinese companies; Go and ask the Lesotho people, how it is working for Chinese companies !!!! Go, and ask the Zambian President, about the Chinese in his country !! But, if you stay in or around JHB, go to Bruma Flea Market. African traders over the past 20 years built this Flea Market to a world class African Art Market. That was untill the Chinese bought the ground on which this market stands , sometime last year. Go and ask these traders, how ruthless and disgusting the new owners are. But hurry, this market will only exist for a few more days!!!!!!

      Endof - 2012-01-27 15:35

      Barry, The west has done far more good for Africa over the last 30 years than either Africa has done for itself or the Chinese have done for Africa. Admittedly many of the reasons for this may well be guilt-based, however, I can assure you that the Chinese will have no such moral conscience once they are done stripping the continent’s resources. My point is that Africa sees the west as the big evil dragon that colonised them and took their resources, so they ally themselves with the “friendly” east not realising that they are teeing themselves up for exactly the same abuse in the future. I think Africa needs to be more astute in its dealings with any other region and not be blinded by what always comes across as “taking revenge” on the west. Being resource-rich will mean Africa will hold all the aces in 50 years time, but at present they are being outsmarted by their “trading partners” far too easily and will be left with nothing in 50 years time.

      Fidel - 2012-01-27 17:04

      China has helped Africans a lot in the past 30 years by arming and training African guerilla groups to fight for their independence, obviously this has escaped you. China is giving Africa a better deal when it comes to trade and financing as compared to the western neo liberal institutions like the IMF and the World bank, FACT. Western aid agencies are nothing but tools used by western countries to maintain their hegemony on the continent. China is doing trade how it should be between two willing partners of mutual benefit. Trade agreements, negotiated by stronger Western governments, have impacted negatively on African development. Study GATT and other binding agreements to see what I am talking about.

  • Garth - 2012-01-27 08:57

    Ahmadinejad - amazing how much that sounds like `I'm in jihad' - is a spent force and has too much opposition against him in Iran, in the form of the ayatollahs, to have much impact on what the Iranians do. Iran will toe the line, their financial survival depends upon it. The Saudis have more oil stockpiled than Iran produces in a year and they are chomping at the bit to sell it. They are in direct opposition to the shiite Iranians and especially to ahmadiwhatever's particular sect of shiite islam, that he is proposing in opposition to the ayatollahs. Barry and the other ignorant supporters of anything anti-west should wake up and smell what they are lying in and it is not oil, although it is crude.

  • ludlowdj - 2012-01-27 09:26

    I am no friend of these people, but they are right, the west and EU in particular need Iran more than Iran needs them. Iran should stop supplying the EU and other Western countries as soon as possible, Russia and China will be more than happy to buy up the extra stocks. The other thing of course is that the western media in homage to its masters has greatly exaggerated the effects, the sanction is having on the citizens of Iran (almost none) the only real effect being that certain brand names are no longer available, South Africans of course already know this our own sanctions during apartheid in fact made the country stronger and very few people missed anything by not having access to western good.

      faerrab - 2012-01-27 09:53

      Western Goverments supported the Apartheid Government covertly - SA even assited Israel wit nuclear expertise

      Gerhard - 2012-01-27 10:34

      Why would Russia buy up surplus oil, seeing they are oil producers themselves and not small either?

      Garth - 2012-01-27 11:45

      @ludlow - No, you are not right!Not on any of your points made on this site today are you right. You know nothing of what is happening in the Gulf, nothing of American and European aid to this continent, nothing of Asian investment in this continent. Iran is busy tearing itself apart over religion and Saudi Arabia is waiting for their fall - money speaks louder than ethnicity.

      Jean-Pierre - 2012-01-27 13:30

      All this talk of the west raping Africa, can someone please then explain to me what the "Heroes" Mugabe, Gaddafi, Mubarak, etc are doing then. If they are multi-billionaires while most citizens in their country are starving isn't that the same as raping their country worse than any Western company, besides all this so called rape by these companies could only be possible if the African governments are complicit in their actions.

      Fidel - 2012-01-27 16:53

      The problem is how the international financial structure is set up. A constant stream of "free" money (financial aid)is a perfect way to keep an inefficient or simply corrupt government in power because these governments don't have to account to their citizens because the state isn't relying on tax from its citizens. Without taxasion, there can't be no representation. "When colonialism finally ended, the big Western powers could not afford to keep their hands completely off their colonies, thus, they continued to influence politics and developments in these regions where their political and economic relationship was based on their colonial ties on multilateral relations and engagements. The impact of colonialism, and the subsequent relationship and exchange between Africa and the West has seen the continent moved from post independent political and economic hope for prosperity to despair and dependence on the West. This dependence in political processes and economic development and sustainability has continued to preserve the continent as a poor and devastate region of the globe. Even foreign aid with conditionsfor Africa which according to the west should help steer Africa off poverty and underdevelopmenthas produce the opposite due to the economic interest of the West behind it and the accompliceshipof tyrant and selfish African leaders."

  • Gerhard - 2012-01-27 16:00

    I want the AU to take over in Africa. Feed the starving, give medical aid, fight terrorists, pirates etc. They can do it if their leaders stop their corrupt self enriching practices. Wouldn't the ancestors like that? LOL! From there on africans would be free to drive their cattle across Africa without colonial borders. Dictator worship would then be officially allowed.

  • ludlowdj - 2012-01-27 16:50

    @GARTH - kindly let me know what your qualifications are that make you an authority or make you think you know better, when was the last time you were in Iran as anything other than a tourist? @ Gerhard - by your logic the US being an oil producer shouldn't import oil either, yet strangely enough they are a net importer of oil hey!, Russian although a net exporter still imports oil high grade crude for local consumption in fact a bit of digging on your part will show you that most oil producing countries in fact import crude. @ANTHONY - Thank you for showing us how little you actually understand, your comments and accusations to almost every comment here make you either extremely naive or a troll, you have no understanding of what really goes on in the world Radical Political Stances include dictatorships by definition, and Africa has more dictatorships than any other continent in the world. Your stance on bill gates and the donations he arranges completely changes the playing field, you are talking about private donations, not political financial intervention. This does not fall under western aid as you put it. Being involved in concerns that include travelling extensively in North Africa and the Arab states makes me and my colleagues somewhat expert on what is happening and how much effect sanctions really have in particular. Embargoes on Iran will have as much effect on the country as sanctions have crippled Zimbabwe..........NOT!!

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