Minister highlights Iran’s economic deterrence to counter sanctions
Iran has reached a level of economic and industrial capability where sanctions can no longer affect its economy as they once did, said the minister of industry, mine and trade.
Mohammad Atabak, speaking at a ministry meeting also attended by Vice President for Strategic and Parliamentary Affairs Mohsen Esmaeili, described Iran's current position as strong and influential.
He said that national unity, coordinated leadership, and broad public participation have enabled the country to withstand external pressure while maintaining economic and industrial activity, Press TV reported.
“The country has reached a stage of deterrence and capability where sanctions can no longer affect economic activity in the same way they did in the past,” Atabak stated.
He also credited the public and security forces for helping preserve stability and national strength during challenging periods.
The minister announced the establishment of a central headquarters for production, trade, and market regulation during the US-Israeli aggression.
Despite restrictions and operational difficulties during the aggression, manufacturers continued production and maintained supply chains for essential goods, he noted.
A sharp rise in demand was managed through centralized coordination, cooperation with the private sector, additional production shifts, the removal of unnecessary procedures, and the direct distribution of raw materials, Atabak explained. As a result, he said, essential goods remained available throughout the war and were not removed from store shelves or markets.
Atabak noted that the industrial sector sustained the heaviest losses during the war, with more than 3,300 industrial units coming under attack.
However, reconstruction efforts began immediately, and some facilities, including Mobarakeh Steel's number 8 furnace, have already resumed operations, he added.
He expressed hope that additional proposals submitted by the ministry would be approved swiftly to help sustain production and strengthen the national economy.
As the industrial sector demonstrates resilience, with reconstruction underway for over 3,300 damaged production units, the diplomatic front is simultaneously pressing forward to consolidate the country's position.
The latest US-Israeli aggression against Iran began on February 28 and continued until April 7, prompting Iranian retaliatory operations. Following a ceasefire on April 8, ensuing negotiations mediated by Pakistan eventually resulted in the MOU, with further intensive talks expected over the next 60 days to reach a comprehensive agreement.