Iran’s Economy Ministry creates ‘economic war headquarters’
Iran’s Ministry of Economy has established an “economic war headquarters” to coordinate and accelerate responses to problems caused by wartime conditions. Anadolu Agency reported this, citing Deputy Economy Minister Morteza Zamanian, who spoke with the Tasnim agency.
Support for businesses
According to Zamanian, at the initial stage, the new body will consider issues within the authority of the Ministry of Economy. It is intended to respond promptly to problems related to wartime conditions that affect enterprises, trade, financing and other areas of the economy.
The headquarters’ main task will be to centrally identify disruptions caused by wartime conditions and develop practical solutions. Among the measures being considered by the ministry, Zamanian named tax and customs support, banking mechanisms and financial instruments for enterprises affected by the conflict.
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If an issue falls outside the ministry’s competence, it will coordinate the actions of other institutions through the government’s economic commission and economic headquarters. According to the official, the mechanism is intended to prevent delays in interagency decision-making caused by bureaucratic procedures.
Disagreements over the memorandum
The agency notes that the conflict has continued following U.S. and Israeli strikes on Iran in February and subsequent Iranian retaliatory attacks on U.S. targets in the region. In June, Iran and the United States, with mediation by Pakistan and Qatar, signed a memorandum that provided for steps to cease hostilities, restore shipping through the Strait of Hormuz and settle economic restrictions.
Tehran accuses Washington of failing to fulfill its obligations under the memorandum, particularly regarding the easing of sanctions and the release of frozen Iranian assets. Washington, in turn, says that Tehran has not fulfilled its commitments and maintains economic pressure, explaining the sanctions as a means of restricting revenues and financial networks that, according to the U.S. position, support Iran’s military and regional activities.