Booming Economy Best Answer To Enemy Pressures: Nahavandian

Qom, Oct 14, IRNA - Reviving and booming the economic situation is the best answer to enemy pressures and sanctions, Chairman of Iran's Chamber of Commerce, Industries and Mines (ICCIM) Mohammad Nahavandian said here on Saturday. He made the remarks at an economic conference in Qom. 'Enemies are not able to impose their economic plots on Iranian nation and government; Tehran can use regional banks to facilitate its money exchanges and increase its trade exchanges with the regional countries like Egypt, Azerbaijan Republic, Armenia and Iraq as easier destinations for the Iranian goods,' the high-ranking official underlined. Political observers believe that the West has remained at loggerheads with Iran mainly over the independent and home-grown nature of Tehran's nuclear technology, which gives the Islamic Republic the potential to turn into a world power and a role model for the other third-world countries. Washington has laid much pressure on Iran to make it give up the most sensitive and advanced part of the technology, which is uranium enrichment, a process used for producing nuclear fuel for power plants. Iran has so far ruled out halting or limiting its nuclear work in exchange for trade and other incentives, saying that renouncing its rights under the NPT would encourage the world powers to put further pressure on the country and would not lead to a change in the West's hardline stance on Tehran. Iran is under four rounds of UN Security Council sanctions for turning down West's calls to give up its right of uranium enrichment. The United States and the European Union have ratcheted up their sanctions on Iran this year to force it to curb its nuclear program. Iranian officials have always shrugged off the sanctions, saying that pressures make them strong and reinvigorate their resolve to further move towards self-sufficiency./end