Iran Presidential Hopefuls Debate Economy Ahead of Election

Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Presidential Hopefuls Debate Economy Ahead of Election

Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

The six candidates vying to succeed ultraconservative president Ebrahim Raisi, who died in a helicopter crash, focused on revitalizing Iran's sanctions-hit economy in their first debate ahead of next week's election.

The contenders -- five conservatives and a sole reformer -- faced off in a four-hour live debate, vowing to address the financial challenges affecting the country's 85 million people.

Originally slated for 2025, the election was moved forward after Raisi's death on May 19 in a helicopter crash in northern Iran.

Long before the June 28 election, Iran had been grappling with mounting economic pressures, including international sanctions and soaring inflation.

"We will strengthen the economy so that the government can pay salaries according to inflation and maintain their purchasing power," conservative presidential hopeful Mohammad Bagher Ghalibaf said.

Ghalibaf, Iran's parliament speaker, also pledged to work towards removing crippling US sanctions reimposed after then US president Donald Trump withdrew from the 2015 nuclear deal.

Iran's economy grew by 5.7 percent in the year to March 2024, with authorities targeting a further eight percent growth this year, driven by hydrocarbon exports.

The sole reformist candidate, Massoud Pezeshkian, said he would seek to build regional and global relations to achieve this growth.

He also called for easing internet restrictions in the country where Facebook, Instagram, Telegram and X are among the social media platforms banned.

Reformists, whose political influence has waned in the years since the 1979 revolution, have fallen in behind Pezeshkian after other moderate hopefuls were barred from standing.

Ultraconservative former nuclear negotiator Saeed Jalili, however, said Iran did not need to repair its relations with the West.

He took aim at Trump, saying his policy of "maximum pressure" against Iran had "failed miserably".

- 'Maximum pressure' -

In the absence of opinion polls, Ghalibaf, Jalili and Pezeshkian are seen as the frontrunners for Iran's second highest-ranking job.

Ultimate authority in the state is wielded by the supreme leader rather the president with 85-year-old Ali Khamenei holding the post for 35 years.

Incumbent Vice President Amirhossein Ghazizadeh-Hashemi said during the debate he would seek to lower inflation following a "political leadership style similar to that of Martyr Raisi."

Raisi easily won Iran's 2021 election in which no reformist or moderate figures were allowed to run. Backed by Khamenei he had been tipped to possibly replace the supreme leader.

Iran’s relations with the West continued to suffer, particularly following the outbreak of the October 7 Gaza war.

Tehran's support for the Palestinian armed group Hamas, coupled with ongoing diplomatic tensions over Iran's nuclear program have hastened the decline.

Mostafa Pourmohammadi, the only cleric in the running, blamed international sanctions for "blocking the economy" and "making financial transactions impossible".

Tehran's conservative mayor, Alireza Zakani, said the US sanctions were "cruel" but were not the main problem behind Iran's economic hardship.

"We should emphasize the economic independence of the country, de-dollarize the economy and rely on our own national currency," he said.



Iran Says Seeks ‘Real and Fair’ Deal in Nuclear Talks with US

A man holds an anti-US banner during a rally in support of Gaza, in Tehran, Iran April 11, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A man holds an anti-US banner during a rally in support of Gaza, in Tehran, Iran April 11, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Says Seeks ‘Real and Fair’ Deal in Nuclear Talks with US

A man holds an anti-US banner during a rally in support of Gaza, in Tehran, Iran April 11, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A man holds an anti-US banner during a rally in support of Gaza, in Tehran, Iran April 11, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran seeks a "real and fair" agreement with Washington on its nuclear program, a senior aide to supreme leader Ali Khamenei said Friday, setting the stage for a diplomatic showdown this weekend in Oman.

Longtime adversaries Iran and the United States are set to hold talks on Saturday aimed at reaching a deal on Tehran's nuclear program.

US President Donald Trump last month wrote to Khamenei urging negotiations, but warning of possible military action if Iran refuses.

"Far from putting up a show and merely talking in front of the cameras, Tehran is seeking a real and fair agreement, important and implementable proposals are ready," Khamenei adviser Ali Shamkhani posted on X.

He confirmed that Foreign Minister Abbas Araghchi was heading to Oman "with full authority for indirect negotiations with America", adding that if Washington showed goodwill, the path forward would be "smooth".

Ahead of the talks, Trump reiterated that military action was "absolutely" possible if they failed.

Iran responded by saying Tehran could expel UN nuclear inspectors, prompting another US warning that this would be an "escalation".

Iran has consistently denied seeking to acquire nuclear weapons.

On Friday, foreign ministry spokesman Esmaeil Baqaei said Iran was "giving diplomacy a genuine chance in good faith and full vigilance".

"America should appreciate this decision, which was made despite their hostile rhetoric," he said.

- 'Stupid actions' -

The talks were first announced by Trump during Israeli Prime Minister Benjamin Netanyahu's visit to Washington.

He said they would be high-level and "direct", but Iran insisted they would be "indirect".

"The talks will be conducted indirectly through the exchange of texts," claimed Iran's Fars news agency, without naming a source.

Araghchi and US special envoy Steve Witkoff are due to lead the talks in Oman, which has played a mediating role on the Iran nuclear issue.

Witkoff visited Iran's ally Russia on Friday for talks on Ukraine with President Vladimir Putin.

Expert-level consultations between Russia, China and Iran on nuclear issues were held in Moscow on Tuesday, Russia's foreign ministry said.

Iran has in recent months also been talking with the three European parties to the 2015 nuclear deal, Britain, France and Germany.

The 2015 accord saw sanctions relief for Iran in exchange for limits on its nuclear program.

On Friday, the European Union cautioned that there was "no alternative to diplomacy" on the Iranian nuclear issue.

Germany urged both sides to reach a "diplomatic solution", calling it a "positive development that there is a channel for dialogue between Iran and the United States".

On Thursday, Washington imposed additional sanctions on Iran, targeting its oil network and nuclear program.

Iran's nuclear agency chief Mohammad Eslami downplayed their impact.

"They applied maximum pressure with various sanctions, but they were unable to prevent the country from progressing," he said.

"They still think that they can stop this nation and country with threats and intimidation, psychological operations, or stupid actions."

- 'Threats and intimidation' -

Iran has been in the spotlight since Trump returned to office, and its regional allies have suffered major setbacks.

Hamas in Gaza and Hezbollah in Lebanon have suffered heavy losses in conflicts with Israel sparked by the Palestinian group's October 2023 attack.

Since the Gaza war began, Iran and Israel have attacked each other directly for the first time.

Warning of military action against Iran should the talks fail, Trump said US ally Israel would "obviously be very much involved in that, be the leader of that".

Khamenei's adviser Shamkhani said such threats could prompt the expulsion of UN nuclear watchdog inspectors.

"Transfer of enriched materials to secure locations may also be considered," he added of Iran's uranium enrichment activities.

While the West wants to include Iran's ballistic missile program and regional influence in negotiations, Tehran maintains it will talk only about its nuclear program.

"If the American side does not raise irrelevant issues and demands and puts aside threats and intimidation, there is a good possibility of reaching an agreement," deputy foreign minister Majid Takht-Ravanchi said.

Hardline Iranian media are skeptical about the talks.

The Kayhan newspaper warned that entering negotiations with the United States in a bid to lift sanctions was a "failed strategy".

During his first term, Trump withdrew from the 2015 nuclear deal and reimposed sweeping economic sanctions.

Tehran adhered to the deal for a year before rolling back its own commitments.