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Vice-Speaker: Iran to Become Economic Power in Region, Asia

Service : Economy
TEHRAN, April 5 (ICANA) – Iranian parliament's First Vice-Speaker Mohammad Hassan Aboutorabi-Fard stressed Tehran's influential role in different fields in the region, and added that the country will soon become a determining economic power in the region.
Tuesday, April 05, 2011 8:10:35 PM
Vice-Speaker: Iran to Become Economic Power in Region, Asia

Addressing the closing ceremony of a festival here in Tehran on Monday evening, Aboutorabi-Fard said that Iran has already been elevated to a high place among the Islamic states due to the power and might of its popular ruling system and its reliance on Islamic and religious teachings.

"Today, we have become the superior political, cultural and defensive power and a developing scientific power," the lawmaker stated, adding, "God-willing, we are on the verge of becoming a determining economic power in the region and Asia."

Despite the hostile policies and moves of the United States and its European allies, Iran has shown a promising trend of growth in area of economy.

Iran is under four rounds of UN Security Council sanctions for turning down West's calls to give up its right of uranium enrichment, saying the demand is politically tainted and illogical.

Yet, last year the US and the European Union approved a set of extra unilateral sanctions against the Islamic Republic over its nuclear program, mostly targeting the country's energy and banking sectors, including a US boycott of gasoline supplies to Iran.

But the US fuel embargo on Iran proved futile after Iran boosted domestic production, attained self-sufficiency and even exported gasoline.

Iran says that western sanctions and pressures have only consolidated the Iranians' national resolve and encouraged them to reach self-sufficiency in many economic areas, including gasoline production.

Meantime, Head of Iran's Customs Office Abbas Me'marnejad said last month that the value of Iran's trade exchanges has amounted to $82bln during the last 11 months, showing growth both in imports and exports.

"The value of Iran's exported goods, excluding gas condensates, has amounted to $23.8bln, and $29bln including gas condensates, during the said period," Me'marnejad stated, saying that the figures show a 25% increase compared with the same period last year.

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