New U.S. sanctions on Iran show the West does not understand
the Islamic republic and "are aimed at preventing Iran from becoming an industrial pole and achieving its rightful place," Iranian President Mahmoud Ahmadinejad said in a speech Saturday, according to Iranian media.
But, he said, Iran has mastered the art of overcoming obstacles and
"nothing can stop the progress of our industry," Iran's state-run Press TV reported, citing the state-run Islamic Republic News Agency.
The speech represented Ahmadinejad's first since U.S. President Barack Obama on Thursday signed into law new sanctions on Iran. Last week, the U.S. Senate and House of Representatives approved the sanctions over Iran's nuclear program.