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Iran not to get import market after sanctions

9 May 2015 - 16:14


Iran says it is planning strategies to prevent the country from becoming an import market for foreign products.

Iran’s Vice President Eshaq Jahangiri pointed to the growing number of Western companies attempting to return to Iran following the possible removal of sanctions against the country and said Tehran would rather support foreign investment.

“Once the sanctions are lifted, foreign companies will flock the Iranian market. We should devise strategies on the general principles of resistance economy to prevent Iran from becoming an import market for foreign commodities,” Tejarat-e-Farda Weekly quoted Eshaq Jahangiri as saying.
Last year, the Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei called on the three branches of the Iranian government to seriously pursue and implement the general policies of the resistance economy.

The Leader had outlined the general policies of Iran’s resistance economy in a decree issued on February 19.

As part of the program, the government must take action to promote “knowledge-based economy and domestic production, especially in strategic products and services, and the consequent reduction of dependence on imports.”

The decree also encourages greater privatization and increased exports of goods and services through legal and administrative reform as well as foreign investment for export purposes.

Iranian officials have already stressed that Iran seeks to boost exports once the sanctions against the country are lifted.

Iran and the P5+1 group of countries are working on a final agreement over the Iranian nuclear energy program that has a deadline of June 30. A key point of the agreement will be the removal of a series of economic sanctions on Iran.

By Press TV


Story Code: 164079

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