China, Germany defend business with Iran in face of US threats

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Iranian Foreign Minister Mohammad Javad Zarif said Wednesday it was hard to imagine new talks with the U.S. after it lost the trust of the world with its erratic decision-making.

Since it unilaterally pulled out of the deal in May, Washington has told other countries that they must halt all imports of Iranian oil from November 4, or face United States financial measures.

In addition to the labor minister, the Iranian cabinet includes three other economy-related ministers: Finance, Industry and Commerce, and Agriculture.

The first round of reimposed U.S. sanctions targeting Iran's aviation and auto industries, as well as its banking system snapped back on Tuesday.

U.S. President Donald Trump announced Washington's exit from the nuclear deal on May 8 and ordered restoration of sanctions against Iran.

In an interview with the Iran newspaper published on Wednesday, Mr Zarif said the Trump administration's stated aim of cutting Iranian oil exports to zero was "meaningless" and "impossible".

The statement added that without Iran, al-Abadi would not have been in power, pointing out that the duty of the Iraqi government was to stand by Iran in order to break the U.S. economic blockade.

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"They can not think that Iran won't export oil and others will export.".

"These are the most biting sanctions ever imposed", Trump tweeted on Tuesday. "There is no doubt about this", Khamenei was quoted as saying in comments that appeared only a day after the new USA sanctions took effect.

A North Korean delegation also attended President Hassan Rouhani's inauguration in August 2017.

The European Union has also unveiled a "blocking statute" meant to mitigate the impact of the United States sanctions on European firms doing legitimate business with Iran.

"We are in solidarity with the European Union position, obviously we are closely monitoring this and we are doing everything possible on the diplomatic level to stimulate a direct dialogue between the United States and Iran, and we think that dialogue should always prevail", he said. "We can't get drawn into a confrontation with America by falling into this war room trap and playing on a battlefield".

When talking about Iran's right to the Strait of Hormuz, Rouhani had commented that Americans "should know that peace with Iran is the mother of all peace, and war with Iran is the mother of all wars".

Boris Johnson, who was Britain's foreign secretary when Trump removed the USA from the pact in May, highlighted that the United Kingdom and other European countries viewed the nuclear deal "as vital for our shared security" and were "fully committed to upholding it".

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