Rouhani: Iran Keen to Broaden Economic Ties with World States

Iranian President Hassan Rouhani underlined that his government is resolved to expand its economic and trade ties with the world countries.
“The government has based its policy on broadening economic (and trade) relations with the world,” President Rouhani said, addressing a cabinet meeting in the city of Birjand in South Khorassan province in Eastern Iran on Wednesday.

President Rouhani, meantime, said that his government is seriously pursuing development of the country’s infrastructures and increasing economic growth.

The Iranian president said that he and his team are doing their best to further decrease the inflation rate, and added, “The country had an economic growth of over 4 percent in the first three months of the current Iranian year (March 21, 2014-June 22, 2014) as compared with last year’s corresponding period and the Central Bank of Iran confirmed the same today.”

He reminded that his government vowed to control recession and inflation when it took office 16 months ago, and said, “It has succeeded in fulfilling its promises.”

The Iranian president referred to the high inflation rate as a major problem which his government has been working on to tackle since the early days of its formation, and has gained some success in this ground, although its efforts will continue.

Analysts believe that a rise in production of goods and services has attracted liquidity to these sectors and led to the new fall in inflation rate.

Earlier this month, President Rouhani underlined his government’s plans to boost non-oil exports to $50bln next year.

“One of the most important topics of the government’s economic plans is increasing non-oil exports and this growth will help our economy,” Rouhani said in Tehran, addressing an open session of the parliament in which he presented the budget bill for the next Iranian year (to start on March 21, 2015) to the legislative body.

“We hope to see a considerable share of non-oil exports next year and by continuing this trend, (the country’ revenues from) non-oil exports will surpass $50bln,” he added.

Also earlier this month, President Rouhani announced that a large number of foreign companies are waiting for a comprehensive deal between Tehran and the Group 5+1 (the five permanent UN Security Council members plus Germany) to rush for investment in the Iranian market.

“Hundreds of foreign companies have prepared themselves to enter Iran in the coming months,” President Rouhani said, addressing a large crowd of people in Golestan province, Northern Iran.

Iran has, on many occasions, underlined that it has paved the way for attracting more investments in its ports, free trade zones, and development projects.

Meantime, so many foreign countries and international companies have voiced their enthusiasm for investing in the country’s projects.