Sanctions hurt Europe, but they hurt Iran even more - expert
Azerbaijan, Baku, July 5 /Trend S.Isayev, T. Jafarov/
The sanctions imposed on Iran hurt the European countries, but they hurt Iran even more, EU economic advisor Mehrdad Emadi told Trend, commenting on the overall impact of the sanctions on Iran.
Iran is subject to U.S., European Union and United Nations sanctions over its nuclear program, which the U.S. and EU say is designed to produce atomic weapons and the government in Tehran says is for civilian purposes.
The nation is the second-biggest producer in OPEC after Saudia Arabia, and a full EU ban on its oil shipments began July 1.
"I believe the sanctions will be more and more costly week after week to Iran," Emadi said. "Iran keeps looking for ways to bypass the sanctions, however EU finds out, one way or another".
Emadi noted that even if Iran can benefit from the sanctions on a short term, on a longer term the country will eventually lose.