Iran fighting ‘smart economic war’—Ahmadinejad

A+
A
A-

Iranian President Mahmoud Ahmadinejad. AFP FILE PHOTO

TEHRAN—Iran is engaged in a “smart economic war” with Western powers whose sanctions against its nuclear programme are hurting some Iranians, President Mahmoud Ahmadinejad said on Saturday.

“Targeted sanctions, which the enemies say are supposed to be crippling, have led to a drop in our oil” sales, Ahmadinejad said in a live interview on state television, referring to an oil embargo imposed by the European Union.

“They do not even let us transfer the oil money,” he said. “They thought Iran’s economy would break down, but it did not.”

“Iran is engaged in a smart economic war with the enemy,” he said.

The EU measure, which came into effect in July, ended European purchases of Iranian crude, and has since decreased Tehran’s oil exports to its Asian customers from between 10 to 30 percent.

According to the International Energy Agency, Iranian exports in November were estimated at 1.3 million barrels per day, down from nearly 2.3 million last year.

Ahmadinejad said his government had “so far managed to control” the effects of sanctions on the economy but admitted that “heavy pressure had been exerted on some Iranians because of sanctions.”

He did not elaborate on how Iran was fighting off sanctions for fear the methods would be found by Western powers trying to goad Iran back to the negotiating table over its nuclear ambitions.

“I cannot say what heavy pressure the enemy has imposed, and how we are dealing with them.”

“We have so far managed to control this blow, and it hasn’t turned out the way they predicted,” he said.

Ahmadinejad has faced increasingly scrutiny at home for economic woes, including the collapse of the national currency, which lost more than two-thirds of its value in a 20-day span starting in late September.

Iran’s economy is struggling to cope with the gradual tightening of sanctions by the United States and the European Union over the past two years.

The sanctions have also targeted Iran’s access to the global banking system, slowing its economy, accelerating inflation and boosting the ranks of the jobless.

Ahmadinejad was speaking to report on his government’s implementation two years ago of a controversial plan to cut subsidies on food and energy and redistribute it in form of social assistance.

The plan to generate tens of billions of dollars in additional revenues for his government has been criticised by his opponents, who blame it partially for Iran’s runaway inflation.

Ahmadinejad said his government had devised schemes to diffuse the effects of Western sanctions in the “long-term.”

“We have prepared long-term plans to decrease dependency on the oil-generated money. We will not allow them to use economic measures as a tool for putting pressure on us anymore,” he said.

He said without elaborating that Iran was to “increase its non-oil exports.”

His remarks came as Western powers engaging Iran to resolve a years-long dispute over its nuclear programme are pressuring Tehran to return to the negotiating table.

Iran has yet to respond to offers of renewed negotiations with the so-called P5+1 group, consisting of the five permanent members of the UN Security Council plus Germany.

Iran insists its programme of uranium enrichment is for purely peaceful purposes, and denies Western and Israeli allegations that it wants to manufacture nuclear weapons.

In addition to US and EU measures, Iran is also under four rounds of Security Council sanctions.

Inquirer Viber

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • $37644997

    Next time you make a speech and use the word “erase” something in the map,you need not to announce it.A joke of yours can turn around on you as a boomerang of rockets.The enrichment of plotunium that you already have is real.Your intentions are good but when you’re mad for any reason,it can turn the other way around.Neuclar waste alone are deadly,how do you reclaim it and it’s proper disposal and or management?

  • http://www.facebook.com/people/Abdul-Rashid/100004367910013 Abdul Rashid

    I congratulate Mr. Ahmadinajad for handling Iran’s economy in spite of the economic sanctions imposed on the western bullies. It only shows that it has hurt the western economy more than it did Iran. I look forward to the day Iran will survive and will be capable of sending its rockets as far as Washington.

    • http://on.fb.me/16z14Nv Angel Divera

      And to your home too. Iran will soon disappear anyway along with his friend Syria. I am not anti-Muslim but I praise Dubai, Qatar and the rest for its peaceful living, not the war freak Iran and Syria or Libya or Afghanistan and so on where all people always live in fear.

      • mark_john21

        The problem with you is that you are too much poisoned by the Jewish Zionist propaganda and just don’t know it. That’s what you get if you watch CNN, Fox and the like. I suggest you look further like Aljazeera English.

    • raijin_jr

      I pity people blinded by their beliefs, willing to do anything because they think it is the right thing to do, they end up killing one another, and their love ones in hunger and fear.

      • mark_john21

        Maybe you’re the one blinded by the Jewish media propaganda. Note, even Philippine media are controlled by Jewish subsidiaries.

    • manual47

      Idiot……you don’t know what your writing……

      • mark_john21

        Who’s really the idiot?  Read further and don’t just depend on Jewish Zionist propaganda. If you rely too much on CNN, Fox, and even Philippine media you will never learn how to listen to the opinion of the people from other parts of the world. Read Aljazeera English.

      • manual47

        And peace with you…..as well.

    • http://profile.yahoo.com/TP6YY66XPT63YFGHDKYTMIO4CM Daniel

       Typical Islamic mouthful rhetoric, driven by pure hatred.

  • dxdaistar

    people are sometimes pretending to be stupid. It is very clear that GERMANY & CHINA support Iran. They sell them equipment and materials for their industries….even for their nuclear program. EU and US is turning a blind eye.

  • http://pulse.yahoo.com/_FOPMU3EOVKFANYIWAADV7EZAXU Divina Wind

    If Iran would surrender to their enemies’ economic blackmail, in the near future, they would lose almost everything. (By the way, the stupid Western enemies of Iran are hurting Iran’s economy for those self-serving Saudis and Jews.)

    In the long run, Iran would win the sanctions chess game- because oil is natural and it has so many economic friends like China, India, Pakistan, Latin American countries, Russia and even Turkey and Armenia. There are so many countries on this planet whose economies and governments are not controlled by the super greedy, self-serving, deceitful Jews- and Iran knows how to reach them.

    The enemies of Iran are so stupid for trying to stop Iran’s nuclear programme because first the Iranians will never close their nuclear sites and second, they already have so many dirty bombs that their elite forces will use to hit back if they will be attacked. The Iranians already know how to enrich uraniums to make nuclear bombs but they are not stupid or suicidal to use them against innocent people- unlike the Jews who are killing innocent nuclear scientists and non-Jewish political enemies of Israel either with bullets or with bombs or with radioactive isotopes or when they had surgeries done by Jewish doctors. (I had some friends who were sophisticatedly murdered by American-Jewish surgeons and nurses just because they were very vocal in hating Israel’s treatment against the Palestinians In Israel and in Israeli-occupied territories.)

    Most Iranians are not evil- they are just like you and me who just want to live peacefully and have fun- unlike the evil Jews who want to control everybody.

    • manual47

      Either you are not a filipina or you are an Iranian.  This is not your best forum to criticize the west or E.U.  There are important things you would rather focus on than giving your rhetoric which makes no sense anyway.  Why go after the Jews when Iranian leadership can make a better choice in making their country more acceptable to the international community.   I am not depending the Jews but rather giving them the right of existence when Iran’s ideology is for the removal of their existence from this earth.   Which kind a too extremist…………..don’t you think.

      • mark_john21

        You’re not depending the Jews? But why rattle? 

      • manual47

        Rattle what???
        Give peace a chance……..

  • http://www.facebook.com/Boycott.Made.N.China Val Sor

    It’s not over yet, Iran.

  • Glen Persson

    The world powers are led by mere uneducated children,  when the entire economy of the USA collapses so will Iran oil now become priceless, and then we shall see who bullies who.

  • kilabot

    smart economic war = fighting perversion with the same kind.

  • $18209031

    Once Israel attacks Iran, that be a tipping point for Russia to intervene.  Israel cannot take out Iran , it is so big and powerful . Besides  it has weapons to hit Haifa and jerusalem if it wants to. 

    Iranian oil can be sold to India , China and Venezuela if the western customers refused to buy them. The world is not the west no more. 

  • Saint Luci

    go to youtube and learn from history.

    In youtube search for this: 
    History of Iran & USA in 10 min, Every American must watch this!!

    I tried posting the link but Inquirer is moderating comments with URLs. 

    From this youtube video you will learn who really is at fault.

  • http://pulse.yahoo.com/_44QGTQXFYHNVPNMX453LWBPMXM Opel

    they would prefer a nuclear bomb than economic growth and stability. typical thinking of radical who shouts “alahu akbar” in an attempt to justify the ignorance, barbarism and outright stupidity of their acts.

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94


editors' picks

advertisement

popular

advertisement

videos