President says sanctions regime crumbled, will not be rebuilt

Hassan Rouhani
Hassan Rouhani

President Hassan Rouhani said on Tuesday that the international sanctions regime has been crumbled and will not be rebuilt even if Iran and G5+1 fail to reach a final nuclear deal by July 20 deadline.

He made the remarks in a ceremony to celebrate the Mining and Industry Day.

Sanctions have already been eased and Tehran is committed to reach a conclusion out of its nuclear talks with the world powers, president added.

He promised to facilitate private sectorsˈ interactions with the world and support their investment.

Referring to the investorsˈ problems during the eight years of hardliner Mahmoud Ahmadinejadˈs presidency, Rouhani noted that its administration is keen to open a new chapter in governmentˈs collaboration with the private sectors.

President Rouhani pointed to the geopolitical situation of Iran as well as its rich natural resources, underlining that the government is determined to reduce inflation rate and make an economic boom.

Emad Askarieh has worked as a journalist since 2002. The main focus of his work is foreign policy and world diplomacy. He started his career at Iran Front Page Media Group, and is currently serving as the World Editor and the Vice-President for Executive Affairs at the Iran Front Page (IFP) news website.


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