Shamseddin Hosseini: “Economy of Resistance” is Impossible

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Written By Farid Shojaei

Iranian Finance and Economic Affairs Minister Shamseddin Hosseini

The Supreme Leader of Iran, Ayatollah Ali Khamenei, believes the best solution for Iran’s economy at this time is pursuing economy of resistance but Iranian Finance and Economic Affairs Minister Shamseddin Hosseini says this economy cannot survive by following the terms of this theory. The United States government has imposed fatal sanctions over Iran’s economy and the country is suffering from disastrous effects of these restrictions.

“There are many traffickers in our country which are smuggling gasoline from Iran to neighboring countries. This has made huge problems for our economy and I think we cannot apply the guidelines made by Supreme Leader in this way and those recommendations will not work here. We need to increase the price tag of gasoline in the coming year to cope with these illegal traders. Iranian police should stop them as soon as possible.” Shamseddin Hosseini said on Saturday.

“By increasing the price of gasoline, people must endure more pressures but they should understand the interests of such plans. If the current conditions go on, Iranian government has to import gasoline from other countries and its price would be high for us due to financial sanctions. Neighboring countries deny providing gasoline for Iranian airliners so how would they export gasoline to 75 million people?” Shamseddin Hosseini blamed U.S. engineered sanctions against Iran.

Western countries are working hard to stop Iran from pursuing its controversial nuclear program. The European and American countries accuse Iran of developing nuclear weapon but Tehran says the country is using nuclear energy for civil purposes.