Iranian President Sheikh Hasan Rouhani denounced the US sanctions imposed on the Islamic Republic, stressing that TTehran will stand tough against this aggression.

Iranian President Sheikh Hasan Rouhani denounced the US sanctions imposed on the Islamic Republic, stressing that TTehran will stand tough against this aggression.

A addressing the closing ceremony of Shahid Rajayee Festival in Tehran on Saturday, Rouhani said: “Sanction is oppression and aggression and we should stand against this aggression, suppress the aggressor and do not let the sanctions be kept in place and repeated.”

Earlier on Friday, the US Treasury Department imposed new sanctions against a number of Iranian shipping firms, oil companies and airlines as well as six Iranian banks.

"We will not waste even a moment on this path and we will do our best; it does not mean that we are afraid of the sanctions or we cannot live without the removal of sanctions, as our people have lived under sanctions all throughout  the past years," the Iranian president said, according to FNA.

President Rouhani pointed to the unsparing efforts made by the Iranian foreign ministry, and said they have a difficult mission to accomplish. "(Iranian Foreign Minister Mohammad Javad) Zarif, his deputies and colleagues have made good efforts on this path and whenever it has been needed I personally have taken charge of the responsibility."