Iran takes preparatory measures to sell oil in euros

Dec 03, 2005 01:00 AM

The Chairman of the Majlis Energy Commission, Kamal Daneshyar, said that preparatory measures have been taken to sell oil in euros instead of dollars, adding that such a measure is quite positive and should be taken as soon as possible.
He went on to say that Iran should at the first phase sell its oil in both dollars and euros, and then gradually move toward the euro as the mere source.

As for the probable consequences of such a decision, Daneshyar said that when such a measure is taken, the United States would soon realize that it is not the one who can always inflict economic damages on the Islamic Republic and that Iran can also get even with it.
Daneshyar who also represents Mahshahr in the Majlis noted that prior to this the way was not paved for undertaking such a program, adding that fortunately the present government possesses the necessary management bravery to prepare the ground for taking such a measure.

Source: PIN/MNA