In such a situation the emerging economies suffer losses because a country which is forced to constantly turn to different countries to meet its energy needs cannot experience a “stable economic growth”, Mehmanparast stated.
Mehmanparast who is a tour of China at the head of an Iranian media delegation said rapid economic progress in China has rattled Washington because the U.S. knows if this trend continues China and India would emerge as biggest economic powers in the world.
He went on to say that while Western countries are facing economic and social crises, Iran has not faced any economic problems as the economic structure in Iran differs from the West.
He also said, “Iran and China are not competitors, rather they complete each other.”
He said even if Iran doesn’t discover any new oil and gas resources, the country has enough oil to export for another 85 years and gas for 150 years.
“This shows that Iran is an important country for meeting the energy needs of the emerging economies in Asia and this has worried the West.”
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