Rouhani: Economic development vital for fighting terrorism (update)

Rouhani: Economic development vital for fighting terrorism (update)

Baku, Azerbaijan, Jan. 26

By Umid Niayesh- Trend:

Iranian President Hassan Rouhani has said that economic development and creating job opportunities are proper solutions to encounter terrorism and violence problems.

Rouhani made the remarks while addressing the Iran-Italy business forum in Rome, Jan. 26, Iran's State IRINN TV reported.

He further said that Iran is the most secure country in the region as the Islamic Republic has trustworthy regulations for investors.

The Islamic Republic has never violated its commitments under any condition, Rouhani said.

He added that removal of international sanctions against Iran has paved way for attracting foreign investment in Iran which will create a change for exporting the products to international markets.

Iran's economy was stifled by the 12-year-old sanctions, which were lifted on Jan. 16 according to the nuclear deal between Iran and the P5+1 (the US, the UK, France, Russia, China, and Germany).

Rouhani said that the sanctions harmed both Iran and the EU, adding economic development requires suitable cooperation among nations.

He said that Tehran is ready to accept foreign investment and technology as well as the entrepreneurs in the country, underlining that there is no differences among Iran's political factions about need to attract foreign investment.

Rouhani underlined that any form of investments should be beneficial for both sides.

"Win-win policy must be followed in economic fields," he said.

The Iranian president further added that Tehran enjoys vacant capacities following the sanctions removal.

The Islamic Republic seeks to develop its railroads and ports, Rouhani said adding development of agriculture sector also has high importance for Iran and its neighboring countries.

Referring to the aspects of Iran-Italy economic ties, Rouhani said that Iranian nation trusts Italy and its industry.

"Italian industry is in line with our needs," he said, adding Tehran and Rome have common experiences in various sectors including leather, foodstuff and pharmaceutical.

Iran's economy suffered from lack of transparency, indiscipline and international sanctions over past years, the president said, adding economic indexes are improving now in the country.

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