Iran's leader calls for self-reliance in face of sanctions

Iran's supreme leader today sounded a battle cry for self-reliance in the face of international sanctions, saying Iranians should not pin their hopes on a nuclear deal with world powers.
Ayatollah Ali Khamenei, Iran's most powerful authority, has lent his support to nuclear talks that have brought limited sanctions relief, but harbours a deep mistrust of the West, believing it is bent on destroying the Islamic republic.
"Iran must strengthen itself," he said in an annual speech marking the Persian New Year which is widely seen as establishing guidelines for the elected president, in this case Hassan Rouhani, who has championed diplomatic engagement with the West.

"The extortionists in the world will blackmail a weak nation, insult it, attack it, and trample it under their feet," Khamenei said.
Reeling from double-digit inflation, high unemployment, stagnation and mismanagement, Iran's oil-reliant economy has struggled to cope with US-led sanctions aimed at curtailing its nuclear ambitions.
Western powers and Israel suspect Iran is covertly pursuing a nuclear weapons capability alongside its civilian programme, charges adamantly denied by Tehran.

Hopes for an economic recovery have been rekindled since Rouhani took office in August, vowing to repair relations with the world and find a lasting solution to the decade-long nuclear standoff.

In his own address yesterday, Rouhani said he had tackled inflation and restored calm to currency markets, thanks to an interim deal struck in November under which Iran curbed or froze some nuclear activities in exchange for a modest easing of sanctions.
The so-called P5+1 group -- Britain, China, France, Russia and the United States plus Germany -- hopes to reach a final accord with Iran by July 20 which would lift all sanctions in exchange for Iran scaling back its programme to the point where it would be difficult if not impossible to develop nuclear weapons.
But Khamenei said Iran "should not be pinning its hopes on when the enemy will lift the sanctions."

"The hell with them. We should look into what we can do ourselves," Khamenei said, calling for greater self-reliance through boosting productivity and pursuing a buy-Iran campaign under the title "economy of resistance.