Tehran,Iran, Feb. 11
Trend:
Iran's Oil Minister Bijan Zanganeh has indicated that the Islamic Republic will continue to confront the US sanctions, Trend reports via IRNA.
"We are a resistant nation and would proudly surpass the sanctions just like the (Iran-Iraq) war," he said on the sidelines of the 40th anniversary of Islamic revolution.
Referring to the Oil Ministry's efforts to confront the US sanctions, he said that the plans shouldn't be revealed during the war.
Zanganeh did say that Iran has carried out "remarkable work" in gas and petrochemical sector, and expressed hope that it would continue in the future.
He noted that the sanctions create problems both for officials and ordinary citizens.
"All of our efforts are aimed at reducing the problems and God willing, we will be successful," he said.
The US administration has re-imposed sanctions against Iran that has hit the country's oil , banking and other industries.
Meanwhile, Europe has launched a special mechanism - INSTEX, to stimulate trade with Iran. INSTEX (Instrument in Support of Trade Exchanges) is a mechanism, created to facilitate non-dollar trade with Iran, allowing European companies to trade with the Islamic Republic without being hit by the sanctions.