Iranian President Mahmoud Ahmadinejad said yesterday that he would declare "a national celebration day" when the possible sanctions were imposed on the Islamic Republic, the Iranian state-run television reported.

"The day when sanctions are imposed on Iran by our enemies would be a national celebration day for the Iranian nation," Ahmadinejad was quoted as saying in a speech to a large crowd in Tehran's south town of Robat Karim.

"We have achieved nuclear technology under sanctions," he stressed, showing a insensibility to the possible sanctions by international community.

Earlier Wednesday, the president said the possible UN sanctions against the Islamic Republic was an "hollow threat" and the Security Council has no right to intermeddle in Iran's nuclear program.