Economy, Domestic Economy
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Gov’t Will Reduce Role in Economy

Gov’t Will Reduce Role in EconomyGov’t Will Reduce Role in Economy

The private sector is gearing up to engage in the economy and trade with foreign countries following “a dignified nuclear agreement in which Iran’s national interests are observed and acknowledged”, the president’s chief of staff, Mohammad Nahavandian said. However he added that “Not everything is tied to nuclear negotiations.”

“The era of government-driven development has now come to an end and the government is firm to maximize people’s engagement in all affairs of the country,” Nahavandian was quoted by ILNA as saying.

“The government’s main duty is to make policy,” Nahavandian said, warning that measures have to be taken to prevent creation of what he called “semi-governmental entities” that tend to monopolize economic activities.

He said the government is pursuing two very important objectives of “job creation and economic prosperity” in its foreign policy, calling on the private sector to help the government in its “economic diplomacy”.

He further noted that there has been a significant rise in what he called “zeal for investment in Iran” during the past 18 months, calling upon the private sector to “gain the trust of foreign investors.”

 Iran and the six major powers (the United States, Russia, China, France, Britain and Germany) hope to clinch a final deal by June 30 that would end sanctions against Iran. The Iranian business community is hoping that the deal will bring foreign investors to the Iranian market once again.

“Iran’s trade with the rest of the world has to be pursued with a fair approach,” Nahavandian said, noting that it would benefit both sides.

Financialtribune.com