Investment Vital for Resistance Economy

Investment Vital for Resistance EconomyInvestment Vital for Resistance Economy

Majlis Speaker Ali Larijani underlined the significant role of investment in materializing the Resistance Economy goals.

"Raising hope among investors and producers, and defusing tensions on the [political] scene are vital for concentrating on economic issues," IRNA quoted him as saying on Thursday after a meeting with Grand Ayatollah Hossein Nouri Hamedani in the holy city of Qom.

The top lawmaker referred to recent remarks by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei on the importance of economy and shed light on the social effects of economic issues on people's lives.

"As the Leader of the Islamic Revolution stated in his New Year message, economy is the main issue of the country. It can even affect cultural problems and control social ills," he said.

"Solving the problem of unemployment would not be possible without investment."

In his New Year speech, Ayatollah Khamenei highlighted economic issues and named the new Iranian year (started March 20) after "Economic Resistance: Action and Implementation".

Larijani elaborated on the requirements of enforcing the Resistance Economy policies and invited domestic media to help people maintain hope and interest in making investment.

"Regardless of their differing [political] affiliations, the media should charge the atmosphere of the country with calm and hope, so the people are encouraged to invest," he said.

The Majlis speaker said everyone should cherish the national movement aimed at boosting economic engagement with the world. However, he underlined the need to stay alert to other countries' "violations and bullying", especially those of the United States.

Larijani pointed to producers' concerns over high tax and interest rates and said the conditions must improve so that "producers can breathe".

In the meeting with the senior cleric, the speaker stressed the positive impact of the July 2015 nuclear deal between Tehran and major powers, which came into effect in January, on Iran's oil sales.

"Before the implementation of the Joint Comprehensive Plan of Action [the official title of the nuclear deal], Iran's oil sales were around 1 million barrels per day. This number has now risen to over 1.7 million barrels ... The conditions of oil sales will improve in the coming months," he said.

Larijani underscored the crucial role of political discussions in resolving the regional crises.

"I believe a high value will be placed on political negotiations in addressing regional crises in Syria, Yemen and Bahrain. This means that we will need deft diplomacy," he said.