Visiting Iranian President Hassan Rouhani here on Sunday said the United States' unilateral sanctions are hindering the trend of 'international legal trades'.
Addressing the Shanghai Cooperation Organization (SCO) Summit currently underway in Qingdao, China, President Rouhani described the US endeavors for imposing its policies on others as an 'increasing danger'.
To have a safer, more stable, developed and prosperous region, long-term common interests should be the basis of interactions at the regional level, the president said.
The Islamic Republic of Iran, as an independent and secure partner, is ready to expand its economic cooperation in the region and across the globe.
The heads of eight member states - China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India, and Pakistan - as well as those of the four observer states- Afghanistan, Belarus, Iran, and Mongolia are participating in the summit.
The Iranian president is attending the 18th SCO summit upon an invitation by his Chinese counterpart Xi Jinping.
Some senior officials, such as the Foreign Minister Mohammad-Javad Zarif, Oil Minister Bijan Zangeneh, and Minister of Economy Masoud Karbasian are accompanying President Rouhani in his visit. On the sidelines of the summit, Rouhani will also meet the leaders of some member states and international organizations.
'Four documents will be signed by Iran and China on fighting narcotics and organized crimes, Iran's role in 'One Belt, One Road' initiative, stock exchange and security cooperation, and academic cooperation,' Ali-Asghar Khaji, Iran's ambassador to Beijing earlier said.