Iran’s Defense Minister Amir Hatami says that the country expects to start selling arms now that a United Nations' arms embargo on Tehran is lifted.
Reports indicated that Iran might use arms export to boost its troubled economy, which caused nationwide protests in the past two years.
The arms embargo was lifted on Sunday as part of the Joint Comprehensive Plan of Action (JCPOA) despite US constant objections.
"We are a significant power in the field of missiles," Hatami was quoted as saying by Iran’s Tasnim News Agency. "In the field of land, we have all defense items from tanks to artillery, mortars, anti-tank weapons and vehicles for sale.”
Earlier this week, Islamic Republic of Iran announced that it is now free to purchase weapons for its “defense needs” after the arm embargo ended.
The United States has introduced sanctions on sales of weapons to Tehran at the national level since September 21.
Islamic Republic of Iran is highly criticized for funding terrorist group in the Middle East. Several Shiite militia groups in Iraq, Syria, Lebanon and Yemn which some branded as terrorist by the US and EU, receive weapon from Iran.