Iran’s president has called for structural reforms to counter the damage international sanctions have inflicted on the country’s oil-dependent economy, warning that existing measures would not work in the long term.
Addressing parliament on Wednesday, Mahmoud Ahmadi-Nejad said bowing to sanctions over the country’s nuclear programme was not an option.
However, he said that existing measures to counter sanctions on foreign trade were not in Iran’s “medium- and long-term” interest and were not helping revive the stricken economy.
Ahmadi-Nejad calls for economic reforms - FT.com
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