Iran’s President Promises “Year of Economic Boom”

Within a few days, the cruel sanctions against the Iranian nation would be lifted, Rouhani said, addressing a ceremony to inaugurate two new phases of the giant South Pars Gas Field in the southern Iranian city of Assaluyeh.

The president predicted positive economic growth for this year despite all the hardships, vowing that the next year will be a “Year of Economic Boom” given the lifting of anti-Iran sanctions.

He also referred to the inauguration of new phases of the gas field, and highlighted the fulfillment of his government’s promises in the fields of energy, oil, gas, and petrochemical industry.

In the next solar year of 1396, all phases of the South Pars Gas Field will be completed, he promised.

His remarks came one day after Iran and six world powers wrapped up expert-level talks in Geneva on Sunday after they studied the ways to put into practice the landmark deal on the country’s nuclear program.

During the two-day meeting, the two sides’ experts tried to finalize measures prior to the implementation of the deal, dubbed as the Joint Comprehensive Plan of Action (JCPOA).

“The countdown has begun for the implementation day and the removal of (anti-Iran) sanctions,” Foreign Ministry’s Director General for International and Political Affairs Hamid Baeedinejad said in a message shared on his Instagram page of the Iran nuclear deal.

Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany – also known as the P5+1 or E3+3) on July 14 reached a conclusion on a 159-page nuclear agreement that would terminate all sanctions imposed on Tehran over its nuclear energy program after coming into force.

Experts believe that Iran’s economic growth would rise remarkably after the deal takes effect.