05:05 GMT +316 November 2018
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    An Iranian woman walks past colourful walls in the capital Tehran on November 5, 2018

    Erdogan: Turkey Will Not Abide by US Sanctions on Iran

    © AFP 2018 / ATTA KENARE
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    On November 5, the US imposed sanctions on a number of Iranian entities and individuals, following Washington's exit from the Joint Comprehensive Plan of Action.

    Speaking about the recently re-imposed set of US sanctions against Iran, Turkish President Recep Tayyip Erdogan said that will not abide by them.

    "We do not consider the sanctions right. This is a step aimed at upsetting the global balance. It is contrary to international law. We do not want to live in an imperialistic world," Erdogan said.

    At the same time, Turkish Foreign Minister Mevlut Cavusoglu said that no results could be achieved through these punitive measures.

    "Not only neighboring countries but many countries from many regions of the world are being impacted by these unilateral sanctions," Mevlut Cavusoglu said.

    He added that dialogue and diplomacy would be more useful and meaningful and that it was dangerous to isolate Iran and unfair to punish the Iranian people.

    "We do not believe any result can be reached with sanctions. I think meaningful dialogue and talks are more useful than sanctions," he said.

    READ MORE: Trump: Sanctions Against Iran to Remain ‘in Full Force' Until New Deal Reached

    Earlier, US Treasury has announced that some 50 Iranian banks and their subsidiaries abroad, the Atomic Energy Organization of Iran and 23 of its subsidiaries, as well as 200 individuals and ships in the country's shipping and energy industries, have fallen under the effect of re-introduced sanctions.

    Following Washington's new sanctions against Iran, the US offered waivers to China, India, Italy, Greece, Japan, South Korea and Turkey.

    US Secretary of State Mike Pompeo stated that 20 countries have reduced their oil imports from Iran, cutting Tehran's exports by 1 million barrels.

    In May, the United States announced its withdrawal from the JCPOA, claiming that Iran had violated the deal.

    The European Union came up with several initiatives to keep Iran in the multilateral pact.

    Related:

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    sanctions, Mevlut Cavusoglu, Iran, Turkey, United States
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