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Iranian Official: We Welcome 'Humane Efforts' Against Sanctions

Iran's minister of economic affairs and finance puts a positive spin on a sanctions-burdened economy and says he welcomes more "people-to-people" ties with the United States.

Iran's Minister of Economic Affairs and Finance Shamseddin Hosseini speaks during a news conference at the Iranian embassy in Tokyo October 12, 2012. Hosseini is in Japan to attend the annual meetings of the IMF and the World Bank Group. REUTERS/Yuriko Nakao (JAPAN - Tags: BUSINESS POLITICS) - RTR391R7
Iranian Minister of Economic Affairs and Finance Shamseddin Hosseini speaks during a news conference at the Iranian embassy in Tokyo, Oct. 12, 2012. — REUTERS/Yuriko Nakao

WASHINGTON — Sanctions have had a mixed impact on the Iranian economy, boosting local agriculture and tourism even as they have depressed oil sales and made it harder for Iran to import automotive parts and some medicines, Iran’s minister of economic affairs and finance, Shamseddin Hosseini says.

In an interview with Al-Monitor Friday [April 19] evening in Washington, where he was attending the semi-annual meeting of the International Monetary Fund (IMF) and World Bank, Hosseini said Iran would welcome US measures to designate authorized banking channels for humanitarian purposes but suggested that any improvement in overall US-Iran relations would depend on US recognition of what Iran regards as its right to produce nuclear fuel.

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