Iran says sanctions not to impede subsidy reform
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An Iranian lawmaker said anti-Iran sanctions cannot impede the implementation of the subsidy reform plan which started on Sunday in the country, the local English language Press TV reported on Monday.
"Threats and sanctions will not hinder the implementation of the subsidy (reform) plan, but can be seen as an opportunity to foster our country's economy," said MP Mahmoud Ahmadi Biqash on Sunday, according to Press TV.
Iranian President Mahmoud Ahmadinejad announced his economic reform plans Saturday night, which aim at cutting government subsidies on key consumer goods including gasoline, natural gas, electricity and some food items.
Iran is under sanction pressures by the United States, European Union and other western countries over its controversial nuclear program which the West believe are moving to the atomic weaponry developments. However, Tehran denied the allegations, claiming that its nuclear program is for civilian and peaceful purpose.
