He said that the use of sanctions as a political weapon is counterproductive, and not only hurts the targeted country, but other nations which trade with it, Bernama reported.
Dr Mahathir said that although the issue of sanctions was not discussed at the summit, many of the countries represented at the talks are being affected by tariffs and embargoes. “So under what law ? They talk so much about the rule of law; they talk so much about rule-based trade, but the very people that talk about this or invented this idea are the same people not adhering to their own principles,” he said.
Earlier this week, Dr Mahathir revealed that Malaysia had been “pressured by certain quarters” to close the bank accounts of Iranian individuals and companies in Malaysia, believed to be due to the US sanctions.
The OIC needs to play a much larger role in encouraging trade aongst member countries.
Absurd.
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Source: staronline - 🏆 4. / 75 Read more »
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