Iran

Ayatollah Khatami: Resistance economy to annul magic of all sanctions

syed khatimiResistance economy is one that will enable the Iranians to resist in confrontation with enemies, and annul the magic of the entire imposed sanctions, interim Friday prayers imam of Tehran said in his second sermon here Friday.

“Resistance economy depends on indigenous sciences and technologies, is justice-based, generative from within, and extrovert,” said Ayatollah Seyyed Ahmad Khatami, addressing hundreds of Tehrani worshipers in Tehran prayer ground.

On Wednesday, Ayatollah Khamenei outlined the general policies of the program to promote the “economy of resistance”, which can lead the Iranian nation to victory in “the imposed economic war” with the West.

The Leader called the Western sanctions against Iran “a full-fledged economic war” and said that the Islamic Republic is determined to force the West to retreat.

Under the program, the government must take action to expand the production and exportation of knowledge-based products, increase domestic production of strategic goods, and develop markets in neighboring countries.

It also encourages greater privatization and increased exports of electricity, gas, petrochemicals, and oil byproducts instead of crude oil and other raw materials.

In a meeting with Iranian laborers in April 2013, the Supreme Leader described the constant change of economic policies, reliance on inexpert opinions, and trust in the imposed economic theories of the West and the East as harmful.

“Economic policies should be based on the economy of resistance,” the Leader stated. “The economy of resistance is a kind of economy which enjoys a firm and solid infrastructure and which does not waver in the face of different changes in the world.”

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