Snapback sanctions will complicate exports and imports and increase trade costs, Iran’s trade promotion organization said on Sunday.
“The snapback mechanism will make the process of exporting and importing goods and services more difficult and will certainly increase the cost of trade services,” deputy Amir Roshanbakhsh Ghanbari said.
"China and Russia will come to Iran’s aid instead of implementing the snapback.”
Ghanbari called the organization’s measures to counter the sanctions confidential. “The measures must remain confidential because if announced, some of the channels we have in mind may be harmed,” he said.