Arab Today, arab today iran leader calls for \economy of resistance\
Last Updated : GMT 20:24:52
Arab Today, arab today
Arab Today, arab today

Iran leader calls for \'economy of resistance\'

Arab Today, arab today

Arab Today, arab today Iran leader calls for \'economy of resistance\'

Tehran - AFP

Iran\'s supreme leader Ayatollah Ali Khamenei told the government Thursday to adopt an \"economy of resistance\" to confront crippling sanctions slapped by the West on Tehran over its nuclear drive. \"The arrogant powers are pulling their weight to force Iran to back down (on its stances) and the government should invalidate these illusions by using the nation\'s full potentials,\" Khamenei said. He called for an \"economy of resistance\" to confront a slew of Western oil and financial sanctions, saying this \"is the only way to pursue progress in the country.\" \"In this kind of economy the nation\'s progress is preserved and vulnerability of the economy against the enemies plots is decreased,\" Khamenei said during a meeting with cabinet members and President Mahmoud Ahmadinejad. During his speech Khamenei did not specifically mentioned sanctions nor Iran\'s controversial nuclear drive. But his comments comes as several Iranian officials, who had long minimised the effect on the sanctions, acknowledged in recent weeks that the punitive measures have had a negative impact on the country\'s economy. Severe banking sanctions imposed on Iran since 2010 have slowed industrial activity, reduced foreign investment, soared inflation to more than 20 percent and led to a shortage of foreign currency. The situation has been aggravated in recent weeks with an oil embargo that so far has caused Iranian oil exports -- which provide the country with most of its foreign exchange resources -- to drop by around 50 percent. The embargo also caused a sharp decline in Iranian oil production, which has fallen to its lowest level in the past 20 years. Ayatollah Ahmad Janati, the hardline chief of the influential Guardians Council tasked with overseeing elections in the Islamic republic and interpreting the constitution, said earlier this month that the economy is being hit by \"war\", insisting that Iran must mobilise all its forces to tackle the problem. And in July, Ahmadinejad acknowledged the magnitude of the impact of the oil embargo saying that Iran must reduce its dependence on oil exports. The US sanctions, and others imposed by the European Union, aim to pressure Tehran to roll back its nuclear activities, which the West fears are geared to developing atomic weapons. Iran denies its programme is anything but peaceful. But Iranian leaders have always ruled out yielding to pressure or renouncing their nuclear programme despite worries by the international community.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran leader calls for \economy of resistance\ Arab Today, arab today iran leader calls for \economy of resistance\

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday