Larijani: Sanctions Can Lead to Boost in Iran’s Economy

Local Editor

Iranian House Speaker Ali Larijani described US new sanctions against the Islamic Republic as an opportunity for “the internal renovation of the country’s economy”.

In a speech on Monday night, Larijani pointed to the re-introduction of US economic sanctions on Iran and said in the difficult situation, the country needs investment in order to boost its resistance against the pressures.

“This era can lead to the internal renovation of the country’s economy,” he said, adding, “If we believe in this, we should make the media arrangements [for it].”

Larijani further emphasized that the current situation is best for exports.

“The situation is not bitter only but there are grounds for the country’s economic boom, about which the people should be informed,” Iranian top official stated.

“By focusing on the domestic economy, reforming its structure and facilitating investment, the enemies cannot talk to Iran like that from now on because Iran's resilience is increasing and this situation offers a good prospect for the country,” Larijani went on to say.

US President Donald Trump on Monday signed an executive order re-imposing many sanctions on Iran, three months after pulling out of the Iran nuclear deal.

He said the US policy is to levy “maximum economic pressure” on the country.

Trump also restated his opinion that the 2015 Iran nuclear deal was a “horrible, one-sided deal”.

Source: News Agencies, Edited by website team