Iranian Foreign Minister Mohammad Javad Zarif said on Tuesday that imposing any types of sanction on the Central Bank of Iran (CBI) as a governmental body is illegal, saying that the move is regarded as economic terrorism since CBI will not be able to supply food and drug any longer, APA reports citing IRNA.
Theses sanctions are aimed at waging economic war against Iranians to affect their way of thinking, Zarif said while addressing the conference on global economy and sanctions.
US measures against Iran is regarded as a war crime since they have targeted ordinary people, he added.
The US administration has based the economic war on breaching international regulations and against citizens.
Before signing the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA), Iran had faced reduction of its share in energy market, increase in imports products, weakening national currency, Forex market fluctuations and decrease in international companies' presence due to UNSC sanctions, limitations in investment and technology markets and unwillingness of other countries for establishing economic interaction with Iran, Zarif noted.
US withdrawal from the JCPOA and imposing sanctions created major problems for the economic activities, he said adding that maximum resistance is the only solution to this problem.
US monetary and banking sector relies on dollar and is capable of monitoring Iran's transactions and putting pressure on banking institutions by depriving them from US financial system and dollar as well, Iranian top diplomat said.