Expert: Sanctions negatively affect Iran's economy

Therefore, sanctions by foreign countries negatively affects Iran's economy and unfortunately, Iranian economy cannot rely on itself, he added.
He further added that there is production in Iran at a certain level, but this is not enough to meet the domestic demand fully.

"If we divide the period since the Revolution into four decades, taking into account the war [Iran-Iraq War], the development of Iran's economy was -1.6 percent in the first decade. In the following three decades Iran's economy, having increased to 4-5 percent in some occasions, later declined to 0.5 percent. In general, during the four decades Iran's economy lost many years of development. And we can relate all these to the sanctions," Naimi said.
The US imposed severe economic sanctions against Iran on Nov. 5, 2018.



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