Iran president praises Majlis nuclear bill

Iran president praises Majlis nuclear bill
# 13 October 2015 20:29 (UTC +04:00)

Baku-APA. Iranian President Hassan Rouhani has expressed happiness with the parliamentary bill endorsing the country’s landmark nuclear agreement with six world powers, APA reports quoting Press TV.

Addressing the Iranian nation in a live televised show Tuesday night, Rouhani offered gratitude to lawmakers for adopting a bill earlier in the day for the implementation of the Islamic Republic's nuclear deal with the world powers, known under the Joint Comprehensive Plan of Action (JCPOA).

He said Iran and the world powers - the US, Britain, France, Germany, Russia and China - will start implementing the agreement next week, three months after the agreement was struck.

Rouhani touched on the impacts of sanctions imposed on Iran's oil sector, noting that the nuclear agreement would help lift sanctions.

The Iranian president pointed to the illegal US-led economic restrictions against the Islamic Republic, saying, although trade and oil bans had not been unprecedented, Iran was the first country in the world to be subjected to banking sanctions.

He said the Iranian administration managed to reduce the country's inflation to around 15 percent in the first of two years of its office.

Rouhani said his administration's economic policy has dismayed the West of the effectiveness of imposing sanctions against Iran, adding that this also gave the country the upper hand in the nuclear negotiations with the P5+1 group of world countries.

"The administration's measures carried the message that the sanctions would no longer be effective.Why were the sanctions lifted? Because they saw that the sanctions were no longer effective," said the president.

He noted that the unprecedented fall in oil prices was also a plot to make Iran step back from its demands throughout the nuclear talks. But, said the president, this scheme failed.

Rouhani also referred to his administration's economic policy for curbing the runaway inflation rate. He said that his administration managed to slash the more than 40% inflation rate in 2013 to around 15% a year after.

He said the same inflation curbing policy would continue under his administration.

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