19 January 2016 - 12:11
  • News ID: 253729
Oil Price Fall Plot Failed: President Rouhani

TEHRAN, Jan. 19 (Shana) – Iranian President Hassan Rouhani said on Tuesday the countries that plotted to bring down crude oil prices so that they could torpedo the nuclear negotiations, failed in securing their destructive plans.

“We entered the negotiations with a powerful team. In the meantime, there were those that did not want to see a successful Iran at the end of the talks and resorted to the plot of reducing oil prices. However, they failed in their attempt,” he said.

Speaking at the conference Implementation of JCPOA: New chapter in Iran’s economy, President Rouhani said the country’s main challgenges are recession, economic boom, and employment.

“The (nuclear) Joint Comprehensive Plan of Action is the beginning to rapid economic movement in the country,” he added.
On Sunday, he criticized Saudi Arabia and certain Islamic countries in the region which negatively reacted to the withdrawal of sanctions in a fellow Islamic country.

At a press conference on the JCPOA implementation day, Rouhani said that Iran will increase its export of crude oil after removal of sanctions.

Iran had announced that it is set to increase oil exports as soon as sanctions are removed for 500,000 barrels a days and that it will further add it to another 500,000 barrels in a short span of time.

President Rouhani also said Iran will continue following the policy of resistive economy in the post-sanctions era.

The next year’s draft budget bill which was submitted to the Parliament on Sunday has the least dependency on crude oil revenues, he added.
News ID 253729

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