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Weapons of Mass Destruction (WMD)

Rouhani: Imposing Sanctions failed policy

IRNA - Islamic Republic News Agency

Tehran, Jan 28, IRNA -- President Hassan Rouhani said on Thursday that sanctions are regarded as failed policy as highlighting the privileges of the Iranian economy at global level.

Speaking to business entrepreneurs and industrialists of the private sectors in Iran and France, he said having a crystal clear and stabilized rules and regulations in absorbing foreign investments, along with stability, security and craftsmanship of Iranian workforces are among Iran's economic privileges.

Both Iran and France private sectors and state-run organizations are determined to broaden economic relations and cooperation, President Rouhani said.

Iran and France had deeply rooted commercial, scientific, technological and economic cooperation which were to the benefit of both nations, President Rouhani said.

Imposing unfair economic sanctions against Iran was a wrong policy which resultes in lose-lose game for both sides, he said.

Sanctions never being regarded as a correct policy which backfired but mutual understanding and convergence will be to the benefit of all nations, he said.

Iran patiently and with perseverance overcame very complicated economic problems and today all witness resumption of new era in both sides relations, said the Iranian president.

Iran is now regarded as a stable country in the region and is to broaden ties and cooperation with France as one of the powerful countries in Europe and the world, he said.

Grounds for expansion of all our relations and cooperation between Iran and France are well prepared, underlined President Rouhani.

French Premier Manuel Valls, for his part said Paris suffered a lot due imposing economic sanctions against Iran but nuclear deal between Iran and G5+1 opened a new chapter in broadening mutual cooperation and France calls for expansion of all-out relations and cooperation with Iran.

Signing a number of economic deals between the two sides private sectors is a good sign for broadening wide-scale cooperation leading to expansion of political relations between Tehran and Paris, he said.


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