Russia to expand economic cooperation with Iran despite U.S. sanctions

FILE PHOTO: National flags of Russia and the U.S. fly at Vnukovo International Airport in Moscow, Russia April 11, 2017. REUTERS/Maxim Shemetov/File Photo

Russia will “do everything necessary” to preserve and expand international trade, economic and financial cooperation with Iran despite the sanctions imposed on the latter by the United States, the Russian Foreign Ministry said Saturday.

The U.S. administration announced Friday that it will snap back sanctions on Tehran that had been lifted under the historic 2015 Iran nuclear deal signed between Iran and Russia, China, France, Britain, the United States, as well as Germany.

The Russian Foreign Ministry said in a statement that the new wave of anti-Iran sanctions is aimed at undermining the ongoing efforts of the signatories to preserve the nuclear deal.

“We reject any unilateral sanctions bypassing the decisions of the UN Security Council, especially when they have extraterritorial application and affect the interests of third countries, as is the case with the U.S. restrictions against Iran,” it said.

The International Atomic Energy Agency regularly confirms that Iran strictly adheres to its obligations and Russia supports the organization’s consistent and professional efforts in this direction, it said.

“The international community must not allow such an important achievement of multilateral diplomacy to collapse at the whim of a single country that openly violates international law,” the ministry said.