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Iranian Speaker Sees Opportunities in New Sanctions Era

22 July 2018 11:14

Iranian Parliament Speaker Ali Larijani said the sanctions the United States plans to reimpose on Iran would provide an opportunity to strengthen the country’s economy and block the way for the US gunboat diplomacy.

 

Speaking in a Sunday session of the Parliament, Larijani said Iran will be able to rise to the challenge of fresh US sanctions by focusing on internal development.

The speaker made a reference to Iran’s advances in the military industry after focusing on domestic capabilities and boosting the missile technology under tough sanctions during the Iraqi imposed war in the 1980s, saying the same strategy in the era of new US sanctions would shield Iran’s economy.

A period of focusing on the settlement of internal economic issues will result in a resistant economy that remains unharmed under the US threat of economic sanctions, Larijani added.

His comments came against a backdrop of the US withdrawal from the Iran nuclear deal and its decision to impose a wave of new sanctions against the Islamic Republic to drive the country’s oil exports down to zero.

In remarks last week, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei underscored that the country’s economy should not hinge on the fate of the nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).

As regards plans to resolve the economic woes, the Leader urged a “road map to stable economy”, saying such a road map will help people and economic activists carry out their plans and assist the administration with a feeling of calm and stability.

Ayatollah Khamenei also urged a “genuine fight against corruption” and serious resolve to implement the Resistance Economy grand plan.

In 2014, Ayatollah Khamenei sent a proclamation to heads of Iran’s branches of power and outlined general policies to boost the country’s economy and lower its vulnerabilities under a grand plan, dubbed Resistance Economy.

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