Bloomberg News

Iranian Official Says Previous Sanctions Were “Ineffective”

January 23, 2012

Jan. 23 (Bloomberg) -- Sanctions against Iran have “proved ineffective in the past and will prove futile in the future,” Iran’s Deputy Foreign Minister for Asia-Pacific and the Commonwealth of Independant States, Abbas Aragchi, was quoted by the state-run Islamic Republic News Agency as saying today after the European Union announced a ban on oil imports.

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