South Africa does not accept Western sanctions against Iran because of their negative impact on the trade relations of the African country. This was stated by South African Ambassador to Tehran Vika Mazvi Khumalo, IRNA reported on November 28.
Khumalo made the announcement while visiting a power plant in Novshahr city, Mazandaran province. She noted that sanctions could affect trade exchanges and banking between the Islamic Republic and other countries.
According to the diplomat, most South African companies are owned by the private sector and have trade ties with Western states, and they are concerned about their ties to the West.
So far, Iran and South Africa have signed 23 memorandums of understanding, and 18 of them have entered into force. According to the diplomat, the memorandums of understanding should be evaluated by a joint commission next year.
Khumalo noted that South Africa is ready to expand cooperation with Iran in various fields.