MNA � In a Tuesday meeting with Australia's new envoy to Iran Lyndall Sachs, Iranian President Hassan Rouhani named US unilateral sanctions against Iran a political and economic mistake and a move in contrast to international regulations and resolutions.

In this meeting, where Rouhani received Sachs� credentials, the Iranian president expressed tendency for development of mutual economic ties with Australia.

�We should pay a specific attention to our bilateral ties in the long-run,� he said.

�This is unprecedented in the history of the world, when the US seeks to punish the countries which are signatories of the UN Resolution,� Rouhani said, urging independent countries to encounter US measures.

He underlined that it is vital to make the US understand that it is not the world leader but a country among the world�s other countries.

�The Islamic Republic is committed to its JCPOA obligations despite the US unilateral withdrawal from the nuclear deal and Europeans' unwillingness or incapability of making their made promises,� Rouhani noted.

�The dissolution of JCPOA will hurt the world,� he warned.

�The Islamic Republic is also committed to ensure the security of international waterways, in particular, in Oman Sea and the Persian Gulf,� Rouhani said, �Iran has recently submitted its initiative in this regard, under the title the Hormuz Peace Endeavor (HOPE), to the UN and is in talks with other countries about it.�

Ambassador Sachs, for her part, said �we do believe that improvement of Tehran-Canberra economic and trade relations will pave the way for development of cooperation in other areas as well.�

She stressed that Australia supports the preservation of the JCPOA, adding that �the nuclear deal is an instrument to provide security and peace in the region.�

�We believe that all the parties should remain committed to the deal to build confidence in the world,� she added.