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Resistance Economy Demands Strong Will

Resistance Economy Demands Strong WillResistance Economy Demands Strong Will

Iran's Interior Minister Abdolreza Rahmani Fazli said the establishment of a self-reliant and robust national economy requires hard work and demands a strong will.

"We need to demonstrate a strong will … to pave the way for the implementation of Resistance Economy," Fazli was quoted by IRNA as telling a gathering of top provincial officials in Tehran on Saturday.

Resistance Economy is a series of economic policies set by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei to promote domestic production and cut the country's dependence on oil revenues.

"The path for the implementation of Resistance Economy will not be easy," he said, stressing the importance of providing regular updates to the public on its progress.

Fazli stressed the need to adopt and follow a comprehensive approach to the economic plan, echoing President Hassan Rouhani's remarks last week.

"If all aspects of Resistance Economy are addressed, it could bring about significant progress," the president said.

Rouhani said the 2015 nuclear deal with major powers has helped boost key aspects of Resistance Economy.

"We will tread the path of Resistance Economy whether or not the JCPOA yields the desired results. This is what we also stressed before the JCPOA's conclusion," he said.

JCPOA stands for the Joint Comprehensive Plan of Action, the formal title of the historic pact.

It was negotiated with six major powers (the five permanent members of the UN Security Council plus Germany) on July 14, 2015, and went into effect six months later to roll back Tehran's nuclear program in exchange for relief from international sanctions.

Rouhani highlighted a knowledge-based economy and non-oil exports as two of the main components of Resistance Economy, which builds on self-development and outward-orientation.

"A boost in non-oil exports hinges on the reestablishment of global banking links, which is becoming possible after banking sanctions against the country were eased under the nuclear pact," he said.

"The government has undertaken a huge task related to knowledge-based companies. Currently, there are 2,500 active knowledge-based firms that have been granted loans and other facilities. They have created a total of 40,000 direct jobs over the past two years."

 

Financialtribune.com