Yerevan Monitoring Effects of New U.S. Sanctions on Iran

Armenia's Foreign Ministry spokesperson Anna Naghdalyan
Armenia's Foreign Ministry spokesperson Anna Naghdalyan

Armenia’s Foreign Ministry spokesperson Anna Naghdalyan

YEREVAN—Armenia is currently is carrying out a comprehensive, expert study on the effects of new sanctions imposed by the United States on Iran, which went into effect on Tuesday, Armenia’s Foreign Ministry spokeswomen Anna Naghdalyan told reporters.

“We are closely following the developments to this effect [the sanctions] and we are in constant contact with all parties involved in this process. We are clearly raising our concerns and presenting our perspectives. The traditionally friendly relations with Iran are of vital significance for Armenia,” said Naghdalyan during her daily briefing on Tuesday.

“Currently a comprehensive expert study is underway on the effects on Armenia of the sanctions on Iran,” she explained.

The US imposed sanctions on more than 700 individuals, organizations, aircraft and ships manufacturers in Iran. It also has import sanctions export of Iranian oil, a mainstay of the country’s economy.

During his visit to Armenia last month, U.S. National Security Advisor John Bolton delivered a strong message to Armenia that Washington intends to fully carry out the sanctions on Iran, warning that while the U.S. understands Armenia’s alliance with Iran, it should take “decisive steps” toward resolving the Karabakh conflict to ensure the opening of the Azerbaijani and Turkish borders as an alternative for Yerevan.

The Iran atomic energy company, as well as 70 financial companies and 14 major banks, have been included in the sanctions.

The U.S. has indicated that those who cooperate with the sanctioned entities risked being sanctioned. The U.S. government, however, has granted temporary waivers to seven countries – China, India, Italy, Greece, Japan, South Korea and Turkey—but not Armenia.

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2 Comments

  1. Norin said:

    John Bolton is Nosferatu incarnate, we have had cordial relations with Iran for millenia not to mention being neighbors. We have fought each other and supported each other, the bond goes back thousands of years. They are Muslim, we are Christians, but we are neighboring states and should value our neighborly relationship. John Bolton should stop going halfway across the globe to stir things up between age old neighbors.

  2. Raffi said:

    Armenia is better off with the Turkish border closed, and should not barter Iran with US, if obliged to decide should stick to Iran than the US, Armenia should not open Turkish border until the Armenian Genocide is recognized by Turkey, furthermore US can’t be trusted. ”Better is a neighbor who is near than a brother far away.”

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