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Ghanbari: Utilizing the Potential of Digital Assets to Mitigate the Effects of Sanctions is on the Agenda
Economy

Ghanbari: Utilizing the Potential of Digital Assets to Mitigate the Effects of Sanctions is on the Agenda

منبع تصویر: isna.ir

By Euronews Farsi Editorial 2 min Read time 34,795

Ghanbari, the economic deputy of the Minister of Foreign Affairs, at the eleventh meeting of the Foreign Economic Relations Coordination Headquarters hosted by the Ministry of Foreign Affairs, discussed new strategies to reduce the effects of sanctions. He emphasized that utilizing the potential of digital assets can serve as an effective tool in this regard.

Sanctions and Economic Challenges

Sanctions have always been one of the main challenges facing the economies of countries, especially Iran. These sanctions not only negatively impact exports and imports but can also lead to a decrease in investments and economic growth. In these circumstances, the use of modern technologies and digital assets can be a solution to confront these challenges.

The Necessity of Using Digital Assets

Ghanbari further pointed out the necessity of using digital assets to facilitate economic and trade relations. He stated that these tools can act as a bridge between Iran and global markets and help reduce dependence on traditional financial systems. Given the existing limitations, utilizing these technologies can be seen as a new opportunity for the country's economic growth and development.

He also emphasized the need for cooperation among various executive agencies to achieve these goals. Ghanbari added: "We need to synergize and collaborate to provide the necessary infrastructure for utilizing these potentials. In this regard, the Ministry of Foreign Affairs is ready to play a facilitative role and assist in international communications in the field of digital technologies."

Future Steps

In this meeting, in addition to discussing existing challenges and opportunities, future plans for developing economic relations with other countries were also discussed. Ghanbari emphasized the need to formulate a comprehensive strategy for using digital assets in international trade and said: "We must leverage new potentials and move towards innovation and creativity in the economic sphere. This is the only way we can confront the existing challenges."

Finally, Ghanbari urged all economic deputies of executive agencies to collaborate more closely to facilitate conditions for the use of digital assets, thereby taking effective steps to mitigate the negative effects of sanctions.

Source: isna.ir