Iran rejects UN resolutions

UN resolutions aimed at increasing sanctions against Iran over its nuclear programme "are not worth a penny" and Tehran will …

UN resolutions aimed at increasing sanctions against Iran over its nuclear programme "are not worth a penny" and Tehran will give no ground to pressure, president Mahmoud Ahmadinejad said today.

He was addressing six world powers that are discussing imposing more far-reaching sanctions on the major oil producer.

Iran says its nuclear energy programme is a peaceful bid to generate electricity, whereas Western powers see it as a camouflaged effort to develop the means to make atom bombs.

The Islamic Republic has repeatedly rejected international demands to halt its escalating uranium enrichment programme.

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"You should know that your resolutions are not worth a penny," Ahmadinejad said in a message to the big powers.

"If you think that by making fuss and propaganda you can force us to withdraw, you are wrong. The Iranian nation will not withdraw even one inch from its stance," he said in a speech to a crowd in southwestern Iran.

Mr hmadinejad and other Iranian official regularly dismiss the impact of UN and US sanctions on the Islamic state. But analysts say they are damaging the economy by increasing trade costs and by deterring badly needed foreign investment.

The United States is pushing for a fourth round of punitive sanctions, including proposed measures targeting Iranian banks and shipping, over its refusal to suspend sensitive enrichment-related activity seen as geared to developing bombs.

Turkey and Brazil, both non-permanent members of the U.N. Security Council, oppose further sanctions and have been trying to revive a stalled nuclear fuel swap deal meant to minimise the risk of Tehran using enrichment for military purposes.

Brazilian president Luiz Inacio Lula da Silva is due to visit Iran on May 16th and Iran's foreign ministry said on Tuesday that Turkish Prime Minister Tayyip Erdogan is also expected to be in the Iranian capital on that day.

The Obama administration has accused Tehran of trying to buy time by accepting Brazil's offer to mediate and said Washington would be undeterred in its thrust for new sanctions.

Mr Ahmadinejad, declaring the "end of the satanic US dominance", said foreign forces should leave the Middle East, warning they would otherwise receive a "slap on your face".

Defence minister Ahmad Vahidi said the United States faced isolation and major challenges, Fars News Agency reported.

The United States and Israel have not ruled out military action if diplomacy fails to resolve the nuclear dispute. Iran says it would retaliate for any attack.

"We think that the Americans are wise enough not to make an unwise act against Islamic republic," Vahidi said, speaking on the last day of naval war games in the Gulf and Gulf of Oman.

Reuters