15/06/2014 (Fars News – Iran): TEHRAN (FNA)- Iranian President Hassan Rouhani stressed inefficiency of the US-led sanctions against the Islamic Republic, and said many western companies are now negotiating and even signing contracts with Iran to expand their cooperation with the country. “The continuation of unfair sanctions against Tehran is impossible and the western firms are now in negotiations (with Iran) and endorsing cooperation contracts with Iran,” Rouhani said in a meeting with South African Foreign Minister Maite Nkoana-Mashabane in Tehran on Sunday. He said that the incorrect and unfair sanctions system put in place by the West against Iran has cracked and is in trouble now. President Rouhani also referred to the ongoing talks between Iran and the world powers on Iran’s nuclear program, and once again stressed that Iran is serious in its talks with the world powers. “The Islamic Republic of Iran is ready to reach final results in its nuclear talks with the Group 5+1 (the US, Russia, China, Britain and France plus Germany) within the framework of the international laws and regulations.”..