Rouhani: Private sector capable of neutralizing sanctions

Tehran, May 27, IRNA - President Hassan Rouhani said late Sunday that one of the major policies of the Islamic system of government is to have an outward looking and export-oriented national economy , adding 'If we stand by each other we can turn ay sanction into opportunity.'

In a meeting with a group of academics and economic activists, President Rouhani said the private sector is capable of neutralizing sanctions weapon and creating opportunities.

“Of course, we must take advantage of the opportunities and if we act well, we can utilize these conditions today to the benefit of our country,” added Rouhani.

Stating that, “The 11th government attempted to return the country’s economy to normal conditions,” the President added: “We need an 8% economic growth and significant investment to lead the country to development”.

He went on to say: “Last year, we created around 800,000 net jobs, but we need to work harder for employment for the young”.

“Justice is important in the social fields, production, distribution and eliminating poverty,” said Rouhani, adding: “Under the current conditions, we should work towards our economic goals more wisely”.

He also said: “During the time of sanctions, some misused the conditions instead of taking advantage of them properly, and caused corruption in our economy”.

The President of the Islamic Republic of Iran also said: “Today, unlike the past, the United States is isolated at political and economic stages of the world”.

“The International Atomic Energy Agency has verified Iran’s commitment to its obligations,” said Rouhani, adding: “We have collapsed Iranophobia; We must take advantage of the current conditions to the benefit of the country.”

Stating that, “We must use each other’s experiences and help each other and if the private sector becomes active and vibrant, the US will lose its weapon,” the President added: “It is a lie that the sanctions are not aimed at the people of Iran, they have targeted our people”.

Calling for making use of the experience of sanctions in years 2012 and 2013, he said: “Of course, the conditions are different today, because at that time, we were under sanctions by the United Nations and the resolutions of the Security Council, being isolated, but today, it is the other side and our enemy that is isolated”.

“Today, except for a few countries, the overwhelming majority of the countries around the world have condemned US hostility towards Iran and the Islamic Republic of Iran is enjoying a legal international support by IAEA reports and this makes it hard for them to prove their claims against the Islamic Republic of Iran”.

Rouhani also added: “The main production sector must be sure about the rate of foreign currency in the future,” saying that, “Businesses must be handed over to the real private sector”.

“In implementing Article 44 of the Constitution, many businesses were transferred from specialized sectors to unspecialized sectors,” he continued.

Saying that, “Public sector must give up its businesses faster,” President Rouhani stressed: “Export-oriented national economy is one of the requirements and main policies of the state”.

He also went on to say: “Government’s plan to renew old neighborhoods is the result of consultation and cooperation with the private sector”.

“The private sector should step towards an export-oriented national economy,” he said, adding: “Foreign investment and national export must be supported as prerequisite to development and progress”.

He also said: “We must increase export, or else, the country will not make progress. We must also open the doors to investors.”

Rouhani added: “Unfortunately, some are happy that foreign companies cannot invest in Iran and express with joy that a foreign company has left Iran, thinking that if a company goes, their turn will come again, but we must not let the mistakes of 2012 and 2013 to be repeated in the economy of our country”.

The President of the Islamic Republic of Iran also went on to say: “Iranian investors inside and outside the country must be given priority and reassurance.”
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