Domestic Economy

Call for Careful Assessment of Post-Nuclear Talks Scenarios

Call for Careful Assessment of Post-Nuclear Talks ScenariosCall for Careful Assessment of Post-Nuclear Talks Scenarios

Regardless of what might come up as a result of the ongoing nuclear talks between Iran and the six world powers known as the P5+1, the post-negotiation scenarios “must be anticipated and handled with care,” said Yahya Ale Es’haq, head of  Tehran’s Chamber of Commerce, Industries, Mines and Agriculture on Saturday.

The nuclear negotiations are currently underway in Austria’s capital, Vienna. The two sides are trying to hammer out a permanent settlement to end a decade-long dispute over Iran’s nuclear energy program by the November 24 deadline.  

“Whatever the result of the ongoing talks between the two parties, it is not going to leave any palpable impact on the country’s economy, social and cultural atmosphere,” ILNA quoted Ale Es’haq as saying.

However, he said, in case the talks end positively, the situation has to be managed and planned for. If the negotiators fail to do so, he underlined, “the same situation like what followed the 598 Iran-Iraq war resolution is going to be repeated.”

If a “permanent” agreement on Iran’s nuclear issue is reached the burdens on the economy could be eased, and a whole new economic ambiance is expected to prevail in Iran.

In return for halting parts of its nuclear activities and permitting more access of international monitories to its nuclear sites, Iran expects western countries to immediately remove all the sanctions imposed by the US, EU, and UN on Iran’s banking system and oil sector, which would impact the entire trade transaction, customs tariffs and import and export activities.

In the meantime, Mohammad Dodangeh, the deputy minister of industries, mine and trade, said on Saturday that the economy has been crippled by the sanctions to the degree that Iran’s trade transaction and exports have been severely affected. “After a permanent agreement with the P5+1 and removal of sanctions, we will be able to implement our plans for increasing exports.”