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Es’hagh Jahangiri Says Economy Cannot Be Isolated

Es’hagh Jahangiri Says Economy Cannot Be Isolated  Es’hagh Jahangiri Says Economy Cannot Be Isolated

First Vice President Es’hagh Jahangiri said Iran’s is a sizable economy that cannot be isolated from the international economy.
“Iran's is a big economy and ranks 18th in the world according to global economic institutions,” Jahangiri told a meeting of  ambassadors and heads of Iran’s missions overseas on Tuesday, Mehr News Agency reported.
“Iran annually has close to $200 billion worth of trade with the world, and its economy is not going to be easily isolated from the world economy,” Jahangiri said. He went on to say that Iran is a country that not only has the smallest foreign debt in the world, but has $100 billion in assets outside the country. According to the senior official, Iran's internal debt is not comparable with that of other countries, for example, “in Japan the internal debt is 200% of the country's GDP. In comparison Iran’s internal debt is negligible.”
 

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