Gulf News

Khamenei: Don’t look to West for revival

Khamenei tells candidates to focus on national capabiliti­es and domestic capacities

-

Iran’s supreme leader called on presidenti­al candidates yesterday to champion economic self-sufficienc­y, further distancing himself from Hassan Rouhani’s policy of opening to the West and seeking foreign investment.

Allies of Ayatollah Ali Khamenei, who aim to reclaim the presidency for their hardline faction, hope voters will punish the pragmatist President Rouhani for the slow pace of economic recovery despite the lifting of sanctions under a nuclear deal, the hallmark of his first term.

“The candidates should promise to focus on national capabiliti­es and domestic capacities to resolve the economic issues ... rather than looking abroad,” Khamenei was quoted as saying by state TV as saying on Monday.

“They fight against the Islamic Republic of Iran ... as (Islam) blocks their interests,” he was quoted as saying. Rouhani’s main hardline rival in the May 19 election, influentia­l cleric Ebrahim Raisi, has promised to create over 1.5 million jobs a year if elected. Another candidate, Tehran Mayor Mohammad Baqer Qalibaf has promised to create 5 million jobs per year.

“Our problems are not something to be resolved by Americans and Westerners ... Iran’s problems can only be solved by the capable hands of domestic experts,” Iranian media quoted Raisi, a close ally of Khamenei, as saying.

Sanction fears

Most sanctions imposed on Iran over its nuclear programme were lifted in 2016 under a deal with six major powers, including the United States, in 2015.

Despite that, the world’s top banks have refrained from doing business with Iran due to fears of being penalised by remaining US sanctions unrelated to the nuclear issue, slowing efforts to rebuild foreign trade and lure investment.

Although inflation dropped to single digits and real GDP grew by as much as 7.4 per cent, the IMF reported in February that growth in the nonoil sector averaged just 0.9 per cent, “reflecting continued difficulti­es in access to finance”.

Iran’s Supreme Leader

 ?? Reuters ?? Ayatollah Ali Khamenei waves during a meeting with Iranian officials and ambassador­s of Islamic countries in Tehran yesterday.
Reuters Ayatollah Ali Khamenei waves during a meeting with Iranian officials and ambassador­s of Islamic countries in Tehran yesterday.

Newspapers in English

Newspapers from United Arab Emirates