Jul 1, 2014, 3:19 PM
News Code: 2719975
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President urges neighbors to help boost regional security

Tehran, July 1, IRNA - President Hassan Rouhani on Tuesday asked neighboring countries to help boost regional security.

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

The government has signaled its desire for having better relations with the neighbors and except for one or two, all neighboring countries have welcomed Tehran's call for bolstering ties, President added.

He underlined that friendly relations among regional countries would benefit all and they should increase cooperation to secure regional stability.

No country will benefit from spread of extremism, violence or interference in other countries' internal affairs, the President underscored.

He referred to the high inflation rate in the country, asserting that Iran has already taken initial steps to control inflation and break recession in various sectors including the auto manufacturing, steel, petrochemicals and home appliances.

Ministry of Petroleum has taken major steps to increase gas and oil output and will continue the efforts to complete four more phases of South Pars Oil Field by end of current Iranian calendar year (to end March 20, 2015), the President said.

He noted that multinational companies are welcomed to invest in Iran on the condition of transfer of new technologies.