Iran's Raisi Set To Focus On Economy And Nuclear Deal
Muhammad Irfan Published August 01, 2021 | 08:50 AM
Tehran, Aug 1 (UrduPoint / Pakistan Point News - 1st Aug, 2021 ) :Iran's ultraconservative Ebrahim Raisi will be inaugurated on Tuesday as the new president of the Islamic republic, a country mired in deep economic crisis and hit by crippling US sanctions.
He replaces moderate president Hassan Rouhani, whose landmark achievement was the 2015 nuclear deal between Iran and six world powers.
Raisi, 60, will have to tackle the nuclear talks aimed at reviving the deal from which the US unilaterally withdrew.
Two days after Tuesday's inauguration by the Islamic republic's supreme leader Ayatollah Ali Khamenei, Raisi will take the oath before parliament.
He won June's election when more than half the voters stayed away after many political heavyweights were barred from standing.
A former judiciary chief, Raisi has been criticised by the West for his human rights record.
Iran's economic problems, exacerbated by the American sanctions, will be the new president's greatest challenge, according to Clement Therme, a researcher at the European University Institute in Italy.
"His main objective will be to improve the economic situation by reinforcing the Islamic republic's economic relations with neighbouring countries," Therme told AFP.
"The goal would be to build a business model that would protect Iran's economic growth from American policies and decisions."Therme believes Raisi's main priority will be to "remove US sanctions" so Iran can bolster trade with its neighbours and non-Western countries such as China and Russia.
Recent Stories
Journalists call for global action to end Gaza’s humanitarian crisis
CM for generating opportunities to bring direct int'l investment
Pakistan retains position in FTSE secondary emerging market
High Commissioner of Malaysia hosts Iftar dinner reception
NEPRA announces 2nd quarterly adjustment in power bills with Rs 1.68 cut per uni ..
Hoopo Inc. Collaborates with SAU to Install Solar-Powered RO Plant
04 killed in Spain as Storm Nelson looms
Russian military jet crashes into sea off Crimea: Governor
Rain-windstorm/thunderstorm likely at various parts of country
Implementation of Sindh Agriculture Workers Act-2019 demanded
Pandemic accord talks heading for extra time
Khawaja reiterates PM commitment to judiciary
More Stories From Miscellaneous
-
Shaheed Jalil Andrabi remembered on his martyrdom anniversary
2 days ago -
Architectural grandeur of Mohabat Khan Mosque attracts visitors, archeology lovers
2 days ago -
Besant Hall cultural centre to hold programme in memory Pir Hassam din Rashdi
4 days ago -
USA beats Mexico 2-0 for CONCACAF Nations League title
4 days ago -
World urged to intervene for peace in Kashmir
4 days ago -
Undeterred resolve – only way to end economic woes
5 days ago
-
Organic Food: A booming trend in Khyber Pakhtunkhwa
5 days ago -
From Soil to Harvest: Use of modern technology vital for agricultural renaissance
5 days ago -
Spring season offers glimpse into GB's natural beauty, cultural heritage
5 days ago -
Nation to mark decades’ long journey of resilience through annals of history
7 days ago -
23rd March: A historic day reminds Muslims’ heroic struggle for Pakistan
7 days ago -
Measures urged to recharge depleting water table: Experts
7 days ago