News ID: 277510
Published: 0258 GMT November 30, 2020

Jahangiri invites SCO members to participate in Chabahar-Zahedan railway project

Jahangiri invites SCO members to participate in Chabahar-Zahedan railway project
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Iranian First Vice President Es’haq Jahangiri invited members of the Shanghai Cooperation Organization (SCO) to participate in the huge Chabahar-Zahedan railway project.

Talking to the SCO Heads of Government Summit via a videoconference call on Monday, Jahangiri pointed to the project, saying that rail connections on the Afghanistan-Central Asia route will be beneficial for all sides, IRNA reported.

SCO members can play an important role in the development of the region by taking advantage of the huge capacities of multilateral cooperation, said the official.

Although Iran has not benefited significantly from the implementation of the Joint Comprehensive Plan of Action (JCPOA), Jahangiri said Tehran is still seeking to restore balance to the commitments of the parties to this international agreement in order to strengthen the multilateral approach.

“Unfortunately,” he said, “one of the tools that the US government has always used to put pressure on independent countries is the illegal and oppressive sanctions that ultimately target the people.”

An important tool for the US in advancing sanctions policy is the abuse of banking and dollar mechanisms, the official noted.

Jahangiri went on to say that since the imposition of unilateral US sanctions is a measure against global free trade and can be repeated for any political or economic rival, the SCO should take appropriate measures to neutralize such illegal behavior.

The best way to deal with this problem is to find inter-regional banking and monetary mechanisms that can take the region’s countries out of the cycle of oppressive sanctions, he said.

To provide the basis for inter-regional trade and economic exchange using national currencies can be a good alternative to the dollar in trade relations between countries in the region, Jahangiri noted.

We can facilitate and develop economic cooperation by establishing a regional transit and transportation hub under the supervision of the SCO, the official said.

 

 

   
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