Jul 1, 2014, 12:16 PM
News Code: 2719931
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President says sanctions regime crumbled, will not be rebuilt

Tehran, July 1, IRNA - President Hassan Rouhani said on Tuesday that the international sanctions regime has been crumbled and will not be rebuilt even if Iran and G5+1 fail to reach a final nuclear deal by July 20 deadline.

He made the remarks in a ceremony to celebrate the Mining and Industry Day.



Sanctions have already been eased and Tehran is committed to reach a conclusion out of its nuclear talks with the world powers, president added.



He promised to facilitate private sectors' interactions with the world and support their investment.



Referring to the investors' problems during the eight years of hardliner Mahmoud Ahmadinejad's presidency, Rouhani noted that its administration is keen to open a new chapter in government's collaboration with the private sectors.



President Rouhani pointed to the geopolitical situation of Iran as well as its rich natural resources, underlining that the government is determined to reduce inflation rate and make an economic boom.



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