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June 4th, 2012 
FAKE NEWS for the Zionist agenda “Trade with Iran was always with consumable items…We should not really stop that. The issue is with the financial transactions…regarding that, it has been affected,” al-Mansoori said.
“If you want to export 20 tons of rice, the financial system does not allow you to do that,” Mansouri said without elaborating.
The International Monetary Fund has estimated the sanctions could cost the UAE as much as 0.7 percent of gross domestic product if trade halts completely.
The West, led by the US, has passed tough banking and oil embargoes against Iran since the beginning of 2012, claiming that Tehran’s nuclear energy program includes a military component.
The Islamic Republic refutes such allegations, noting that frequent inspections by the International Atomic Energy Agency have never found any diversion in its nuclear energy program toward military purposes.
MYA/HGH/AZ
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