Jul 14, 2020 16:23 UTC
  • Iran emerged victorious in US economic war by cutting reliance on oil: President Rouhani

President Hassan Rouhani says the country has managed to overcome the illegal US sanctions and emerged victorious in Washington’s economic war by cutting reliance on oil revenues.

According to Press TV, he made the remarks while addressing a meeting of the government’s economic coordination headquarters on Tuesday on special plans and policies formulated by his administration to overcome the ongoing economic problems caused by the American bans.

“The Americans were expecting that the country’s economy would grind to a halt shortly after the sanctions came into force, but today we have succeeded in running the country with planning and reliance on a non-oil economy,” the President said.

“This is a display of power and a major victory for the nation in the [US] economic war,” he added.

He emphasized that the country's management under such difficult conditions showed that the nation is capable enough to prevent the US from achieving its goals.

Elsewhere in his remarks, Rouhani described Iran’s handling of a fatal coronavirus outbreak as yet another victory for the government, saying the pandemic is posing serious challenges not only to the Iranian economy but also to that of the entire world community.

“In such a situation that even some developed countries have also faced difficulty in providing and distributing the daily needs of people, the government has overcome this situation through special strategies and preparedness of structures and organizations and with the cooperation of people and will continue to do so,” the chief executive pointed out.