How the US want to lure Europe into attacking Iran
Europe Will Be the Main Loser if Sanctions Imposed on Iran
Head of the Iran-China Joint Chamber of Commerce, Asadollah Askar-Owladi said: Iran is not afraid of sanctions and Europe will be the real loser in view of the volume of trade transactions between the two sides.
He was quoted by IRNA as saying on Saturday that “presently most European countries are in a poor financial state and sanctions against Iran would mean end of the Iranian oil supplies to Europe, a situation not to the liking of European governments.
Askar-Owladi said Europe, which exports millions of dollars goods to Iran would lose the lucrative Iranian market if sanctions were to be enforced, and as a result, European countries will face bankrupt factories at home.
He said the Islamic Republic of Iran is an independent country and is able to tolerate any sanctions.