Tehran June 24 (IANS) Iran announced a list of imported goods to be banned in a move to protect domestic products media reports said on Sunday.
All the banned items have their similar domestic alternatives Farhad Noori the Managing Director of Commerce Services of Trade Development Organization said.
"The government possesses enough currency at its disposal. However regarding the monetary policies we should not allocate the currency to the imports of those articles which have their similar domestic alternatives " Xinhua quoted Noori as saying.
However the organisation has excluded the articles from the list which are not produced locally to meet domestic demand he said.
The list of the items subject to the imports ban will be announced soon he said adding that "we expect people to support domestic products".
On Saturday Mohammad Shariatmadari Iran s Minister of Industry Mines and Commerce announced the ban in order to counter the US financial pressures against the Islamic republic.
The move aims to protect domestic producers and manage the outflow of currency he said.
Washington has threatened Tehran with the "toughest sanctions" if Iran does not agree to renegotiate over the 2015 international nuclear deal.
The US administration under President Donald Trump has claimed that the Iranian nuclear deal has not resulted in peace and stability in the Middle East and demanded that Iran reduce its presence in the region and stop ballistic missile development.
Trump decided on May 8 to quit the Iranian nuclear deal and vowed to reimpose sanctions including an oil embargo on Tehran.
Also US Secretary of State Mike Pompeo has announced a list of 12 demands for Iran promising "unprecedented sanctions" if Iran does not stop its nuclear programme or reduce its presence in the region.

--IANS qd/bg