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Resisting sanctions: Iran to stop importing 19 oil-related products

Iran Materials 27 July 2012 13:24 (UTC +04:00)

Azerbaijan, Baku, July 27 /Trend S.Isayev, T. Jafarov/

Iran continues its strategy of resisting the sanctions imposed on the Islamic Republic by the Western states, by halting imports of 19 oil-related products, deputy oil minister Mohammad Reza Mogaddam said, Mehr reported.

Iran's Oil ministry, Ministry of Defense, and Khatam al-Anbia Air Defense Base signed a joint agreement upon which they will be jointly manufacturing some of the oil industry's products.

Behind this move by Iran, stand the so-called "economy of resistance" that the country is currently trying to implement.

Days ago Iran held an urgent meeting regarding the "economy of resistance", establishing special headquarters which will handle concrete emergency problems caused by the imposed sanctions on the Islamic Republic.

This headquarters has been established from the members of Iran's Iranian parliament, presidential administration and the juridical system - a total of 9 people.

Iranian parliament speaker Ali Larijani noted at the meeting that the goal of the "economy of resistance" is to stop the impact of high prices on the nation, and to lower the deficit of the goods.

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