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Strait of Hormuz No Place for 'Joking'

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WWW.TEHRANTIMES.COM I N T E R N A T I O N A L D A I L Y Pages Price 40,000 Rials 1.00 EURO 4.00 AED 39th year No.13445 Thursday JULY 25, 2019 Mordad 3, 1398 Dhi Al Qada 22, 1440 Tehran ready to Negotiation with Iran basketball to Ministry of Foreign Affairs form coalition those who renege on hold training camp of Japan honors Iranian with neighbors 2 promises is ‘stupidity’ 2 in Portugal 15 filmmaker Tabrizi 16 Iran seeking deeper trade ties with See page 2 East Africa By Ebrahim Fallahi transportation areas, the business fo- TEHRAN — Following Iran’s policies rum was attended by senior officials for expansion of trade ties with African from the two sides including Head of countries, the country’s Trade Promotion TPO Mohammadreza Modoudi, Kenya’s Strait of Organization (TPO) hosted an Iran-East Ambassador to Tehran Ruqayyah Ahmed Africa business forum on Wednesday at Subu, representatives of the foreign Tehran Permanent International Fair- ministry, Head of Islamic Republic of grounds to provide an opportunity for Iran Shipping Lines (IRISL) Moham- the two sides to discuss future steps in mad Saeidi, Head of TPO’s Africa office economic relations. Abbas Bagheri and representatives from Hormuz no Focusing on banking, insurance and the two sides’ private sectors. 4 Innovation network set up for drones, UAVs TEHRAN — The vice presidency for sand services are different sections of the science and technology has set up an in- network. The technological development place for novation network for commercial drones section is underway in Iranian universities and unmanned aerial vehicles, Mehr re- with an eye to the future. ported on Tuesday. The network also aims to provide fa- The network aims to connect industri- cilities and expand the market for knowl- alists, professionals and knowledge-based edge-based companies active in this field. companies active in the field of designing Entering the international market and and manufacturing drones and UAVs. creating brands for drones and other prod- ‘joking’ Technological development, production ucts are other aims of the network. 11 Iran says won’t not let disturbance in Strait of Hormuz TEHRAN — Iranian Deputy Foreign French Foreign Minister Jean-Yves Le Minister for Political Affairs Abbas Aragh- Drian in Paris. chi said on Tuesday that Iran will not let Araghchi was in Paris to relay a message disturbance in shipping in the Strait of by President Hassan Rouhani to French Hormuz. President Emmanuel Macron. “Iran will make any effort to maintain Araghchi said that the U.S. “illegal” and security in this region, especially in the “unfair” sanctions have targeted the people Strait of Hormuz, and will not allow any of Iran and urged the Europeans to adopt a president.ir disturbance in shipping in this sensitive transparent stance against Washington’s region,” he said during a meeting with policy in cutting Iran’s oil sale. 2 ARTICLE U.S. should enhance cooperation with China rather than setting obstacles REPORT Mahnaz Abdi By Wu Yuehe What’s the basis of mutual respect and equal- and mutual respect. Unfortunately, they are Fatemeh Salehi Head of the TehranTimes BEIJING — The ambivalence of some U.S. ity? Can both parties accommodate each other’s not living in a barbarian world where the law of Mehr News Agency Economy Desk officials has been fully revealed by their recent concerns? Does the U.S. have the determination the jungle rules. Though the U.S. is the largest journalist ridiculous remarks. and perseverance to work with China to reach economy on the planet, it can never dominate On one hand, they hope China to make huge a mutually beneficial and win-win agreement? the world at its will. Integrated forex purchases of U.S agricultural products to relieve These questions are unavoidable and must be If these U.S. officials keep going to extremes The different their pressured American farmers. On the oth- answered by the U.S. side. on “me-first” policies, they will definitely pay market to replace er hand, they are holding tight to the bigotry, China neither has the motivation to hurt the a price for their arrogance – loss of America’s reactions of Arab the so-called “defending America’s 5G future,” interests of the U.S., nor has done anything to international presence. NIMA? and keeping blocking China’s high-tech firms. In threat the latter. Lies from some unfriendly US Those Americans who initiated the economic governments and addition, the desire to impose additional tariffs officials are still lies no matter what stories are and trade frictions with China are not willing to n early January, Money and Credit on $325 billion worth of Chinese imports is still fabricated. share benefits, and they never consider how to nations toward the Council (MCC), the highest banking lingering on their mind. Does the U.S. have enemies? If the an- achieve win-win results. seizure of UK tanker I policy-making body of Central Bank It’s possibly true that they do want to reach swer is yes, its enemy can only be its own According to U.S. media, some high officials of Iran (CBI), approved establishment a trade deal with China, but they are still put- arrogance. from the American government acknowledged n Friday, a British oil tanker was of an integrated forex market as the ting on dramas and failing to see the core of It’s difficult for some U.S. officials who pursue recently that the trade war with China is also seized in the Strait of Hormuz by CBI aims to explore the real volume the issue. a philosophy of “me-first” to adhere to equality hurting U.S. companies. 7 of demand and supply in the foreign Othe Islamic Revolution Guards currency market through a new mech- Corps (IRGC). The tanker was seized anism. due to violation of maritime laws, caus- While, this mechanism is planned to Trump’s Mideast envoy under fire at UNSC ing marine pollution and endangering organize the transactions in the forex TEHRAN — U.S. President Donald Trump’s “A comprehensive and lasting peace will not so decades ago. It didn’t,” he added. other vessels. market between the exchange shops, Middle East envoy faces strong criticism from be created by fiat of international law or by these His controversial comments against inter- The interesting point here is the huge some also say that it may omit other members of the UN Security Council, including heavily wordsmithed, unclear resolutions,” he national law triggered strong rebuttals from the gap between the Arab government and exchange rates, including NIMA rate, Washington’s own allies, after he downplayed said. “The vision for peace that we plan to present UNSC’s four other permanent members, namely Arab nations in their reaction to this in- gradually. the world body’s resolutions on the Middle East will not be ambiguous, unlike many resolutions France, Britain, Germany and Russia. cident. This gap can also be seen in other NIMA (Iran’s Forex Management conflict and said the Israeli-Palestinian issue that have passed in this chamber,” referring to Security Council members, in response, un- important issues in the Middle East, such Integrated System) has been launched cannot be resolved by relying on “fictions” of the so-called peace plan Washington had been derlined the need for respecting international as the fate of Palestine. in early July to allow the exporters of global consensus. developing without Palestine’s consent to end law and UN resolutions in efforts to resolve the Arab nations have always proved that non-oil commodities to sell their for- Addressing a UNSC meeting in New York the conflict. Palestine issue. they are wide aware of foreign issues and eign currency earnings to importers of on Tuesday, Jason Greenblatt dismissed the Greenblatt also noted that the upcoming plan Germany’s UN Ambassador Christoph Heusgen their opinions are far more progressive consumer products. notion that international law and UN reso- — which Trump himself calls the “deal of the stressed that UNSC resolutions are binding under than those of their governments. Up to The system, which seeks to boost lutions must serve as the foundation of any century” — would not be based on “fictions of international law, saying, “For us, international now, they have held several protests to transparency, create competitiveness solution to the decades-long Israeli-Pales- international consensus” as it is often “nothing law is not menu a la carte.” announce their opposition toward govern- among exchange shops and a secure tinian conflict. more than a mask for inaction.” “For us, international law is relevant; inter- ment policies especially toward Palestine environment for traders, was aimed to Greenblatt said the issue will not be settled “So let’s stop kidding ourselves. If a so-called in- national law is not futile,” he said. “We believe in and have voiced their disagreement toward create the ground for importers to supply by references to international law, which he ternational consensus had been able to resolve the the force of international law; we do not believe plans to normalize relationships with the their required foreign currency without called “inconclusive.” Israeli-Palestinian conflict, it would have done in the force of the strongest.” 13 Zionist regime. specific problems and for exporters to Over the years, Arab governments re-inject their earned foreign currency and the media that are linked to them to domestic forex market. have launched extensive advertisements Then on May 25, some news websites to defend governmental policies; a very published that NIMA will be omitted once Azad good example is Al Arabiya news that is the integrated forex market is launched, attached to Saudi Arabia government; although CBI governor dismissed those however, despite all these advertisements, news, saying that NIMA is a pivot of the University Arab nations have never been influenced foreign currency exchange and trade by these propagandas and have showed related activities in the country and win Iran’s their opposition.
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