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US efforts to destabilize Iran through sanctions doomed to fail: Pundit

Saturday, 03 November 2018 1:33 PM [ Last Update: Saturday, 03 November 2018 1:37 PM ]

Iranians shop in the capital Tehran's grand bazar on November 3, 2018. (Photo by AFP)

The attempt by the United States to “destabilize” Iran through economic sanctions is going to fail, says an academic.

“The United States is taking a hyper nationalistic approach to world politics and it is going in the face of globalization. Now whatever people think about globalization it does exist as a network of economic ties between various countries and so the attempts by the Americans to threaten and cajole several countries to break ties with Iran and to punish Iran for the allegations that the United States is making simply hasn’t worked this time. It has failed to get even the ideologically hypersensitive countries like the UK and France and Germany to actually back it on this occasion and then we have other countries like [Russia] and China who have economic ties with Iran and they are not going to be willing very easily to actually cut those ties,” Kenneth Fero, a lecturer at Coventry University, told Press TV in an interview.

“I think America is isolated certainly in terms of its attempt to use economics to punish Iran … So America is certainly isolated in terms of its hyper nationalism, it is certainly isolated in terms of this particular attempt to once again dominate Iran,” he added.

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says a face-off has been going on between the US and Iran for the past 40 years, in which the United States has always been defeated.

His remarks in Tehran on Saturday came a day after the Trump administration decided to reinstate all US sanctions on Iran removed under the 2015 nuclear deal.

The US sanctions take effect Monday and cover Iran’s shipping, financial and energy sectors. They are the second batch the Trump administration has re-imposed since he withdrew from the landmark nuclear deal in May.