IRNA � Managing director of Ports and Maritime Organization (PMO) described the US move to restrict Iran�s sea transportation as economic terrorism, and said the country's marine capacities are beyond the US' imagination.

Mohammd Rastad told the inaugural ceremony of the organization�s new security chief that despite the US moves to limit Iran last year, over 265 million tons of goods were exported, imported and transited from the Iranian ports.

Given the annexation to the SOLAS Convention, observing security code of ISPS is of significance for the country�s ports, he said, urging the new chief of Security Department to pay special attention to the issue.

On May 8, 2018, Trump withdrew from the JCPOA, which was condemned by other parties to the 2015 agreement.

Despite the fact that Washington had claimed to zero Iran oil exports, the US agreed to let eight countries, including China, Japan, India and South Korea, Taiwan, Italy and Greece keep buying Iranian oil after it reimposed sanctions on the OPEC producer on Nov. 5.

However, in a statement issued on Monday, the White House said US President Donald Trump has decided not to renew waivers that allow eight countries to buy Iranian oil without facing Washington's sanctions.