Khamenei favours self reliance to boost Iranian economy

Image
IANS Tehran
Last Updated : Feb 09 2014 | 12:15 AM IST

Iran's Supreme Leader Ayatollah Ali Khamenei has said relying on domestic potential is the only way to solve the country's economic problems, Xinhua reported.

"Fortunately, the officials of the country have realized that looking out (of the borders) for sanction removal is not the way to tackle the problems," Khamenei said while addressing military commanders at a ceremony to mark the anniversary of the 1979 Islamic revolution

Iran should not anticipate its enemy to help settle its problems, he said.

"The enemies are making remarks which should be a lesson for our nation," Khamenei said, adding that Iran "should be cognizant about the talks and impolite comments by the Americans."

The comments by the Iranian Supreme Leader followed recent statements made by US Undersecretary of State and nuclear negotiator Wendy Sherman that Iran did not need to have an underground fortified enrichment facility like Fordow or its heavy-water reactor at Arak.

In November, Iran and the P5+1 group, namely the US, Russia, China, France, Britain, and Germany, signed an interim nuclear deal which came into effect Jan 20.

Under the agreement, Iran suspended its 20-percent uranium enrichment and started to dilute and oxidise its 196 kg stockpile of 20-percent enriched uranium in exchange for a partial relief of sanctions on its energy and financial sectors.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 09 2014 | 12:10 AM IST

Next Story