Iran's Rouhani: US sanctions are 'economic terrorism'PTI | Tehran | Updated: 08-12-2018 14:00 IST | Created: 08-12-2018 14:00 IST
"We are facing an all-out assault which is not only threatening our independence and identity but also is bent on breaking our longstanding ties," he added.
Rouhani drew parallels with the sanctions and other pressure faced by the countries attending the conference.
"When they put pressure on China's trade, we are all harmed... By punishing Turkey, we are all punished. Any time they threaten Russia, we too consider our security to be endangered," he said.
"We are here to say that we don't intend to tolerate such insolence." Rouhani also warned Europe - which has strongly objected to the US withdrawal from the nuclear deal - that much is at stake in its efforts to bypass US sanctions and maintain trade with Iran.
The European Union is working on a payment system, known as the "special purpose vehicle", to keep money flowing into Iran, but has struggled to find a host since many countries fear repercussions from the Trump administration.
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