IRNA - Iran Chamber of Commerce condemned the US designation of the Islamic Revolution Guards Corps (IRGC) as a foreign terrorist organization.


'Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) condemns the US belligerent government�s move to blacklist the Islamic Revolution Guards Corps,' reads a statement by the private sector�s parliament published on Tuesday.

'The Chamber of Commerce considers the move as a sign of the US government�s wrath for not reaching its sanctions objectives, especially in crippling the Islamic Republic�s foreign trade,' adds the statement.

The organization goes on to describe the IRGC as �the official and legal armed forces of the Islamic Republic of Iran�, highlighting its �major role in crushing terrorist groups, maintaining the security as well as internal and regional stability�.

The Iranian private sector says blacklisting the IRGC goes against the international norms, saying the Iranian nation will stand firmer against any sanctions and blacklists.