VP says US unable to isolate Iran’s big economy from world

TEHRAN, Jul. 24 (MNA) – Iranian First Vice President Es’hagh Jahangiri says that Iran has a sizable economy that cannot be isolated from the world economy.

“Iran's economy is a big economy and it ranks 18th in the world according to international economic institutions,” Es’hagh Jahangiri said at a gathering of Iranian ambassadors and heads of Iran’s missions abroad on Tuesday.

“Iran has about $200 billion worth of trade transactions with the world, and its economy is not going to be easily isolated from the world economy,” Jahangiri added.

He went on to say that Iran is a country that not only has the smallest foreign debt in the world, but it has also about $100 billion assets outside the country.

He maintained Iran's internal debt is not comparable with that of other countries, for example, in Japan the internal debts comprise 200 percent of the country's gross domestic product (GDP), but Iran’s internal debts are a negligible amount in comparison, he added.

He also said that the value of government assets is several times the liquidity in its economy and if it wants to sell part of these assets it can collect a large part of the existing liquidity in the market.

Elsewhere in his remarks, the Iranian vice president ridiculed the United States’ attempts to instigate Iranian people against their government through economic pressures, saying that the Iranian people will never accept to side with a foreign country to damage their own country and government.

He also noted that Iran has good relations with its neighbours and the US attempts to separate them from Iran will not succeed. 

Meanwhile, he acknowledged that parts of the society in lower and middle classes are facing economic difficulties, dismissing the US government’s claims that its sanctions are not targeting the Iranian people.

The first vice president further pointed out that like the American government that has tasked specialized teams with contacting and negotiating with countries which are willing to cooperate with Iran in order to put an end to their cooperation, Iran’s representatives abroad should have plans to  lay the groundwork for more cooperation with Iran.

He also called on the Iranian embassies and consulates to further coordinate their efforts with the government, saying that soon there will be a ‘good unity’ in the country in the face of foreign pressures and media warfare.

KI/4355913

News Code 136031

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