Arab Today, arab today khamenei calls for \economy of resistance\
Last Updated : GMT 02:26:33
Arab Today, arab today
Arab Today, arab today

Khamenei calls for \'economy of resistance\'

Arab Today, arab today

Arab Today, arab today Khamenei 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 minimized 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 mobilize 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 U.S. 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 program is anything but peaceful. But Iranian leaders have always ruled out yielding to pressure or renouncing their nuclear program despite worries by the international community.  

arabstoday
arabstoday

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 khamenei calls for \economy of resistance\ Arab Today, arab today khamenei calls for \economy of resistance\

 



Arab Today, arab today

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 khamenei calls for \economy of resistance\ Arab Today, arab today khamenei calls for \economy of resistance\

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
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