Iranian Defense Minister announced that the sales of the Islamic Republic’s weapons following the termination of a UN arms embargo will be outstripping the imports.
Speaking at a televised program on Sunday night, Brigadier General Amir Hatami said the termination of the UN arms embargo on Iran on the fifth anniversary of adoption of the JCPOA allows the Islamic Republic to begin arms trade.
Iran’s sale of weapons will exceed the purchases, he said, adding that negotiations have been held with many foreign countries since last year.
Highlighting Iran’s advances in the production of ground ordnance, artillery, military ships, and submarines, the minister said the Islamic Republic is among the world’s top five or six powers in the drone technology.
“Defense products made in Iran are efficient and sold at reasonable prices,” he was quoted as saying by Tasnim news agency.
The UN arms restrictions on Iran were terminated on Sunday five years after adoption day of the JCPOA in accordance with UNSC Resolution 2231.
The administration of US President Donald Trump failed on August 14 to renew the Iranian arms embargo through a resolution at the UN Security Council.
Source: Iranian media