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.



Taiwan President Will Visit Allies in South Pacific as Rival China Seeks Inroads

FILE -Taiwanese President Lai Ching-te delivers a speech during National Day celebrations in front of the Presidential Building in Taipei, Taiwan, Oct. 10, 2024. (AP Photo/Chiang Ying-ying, File)
FILE -Taiwanese President Lai Ching-te delivers a speech during National Day celebrations in front of the Presidential Building in Taipei, Taiwan, Oct. 10, 2024. (AP Photo/Chiang Ying-ying, File)
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Taiwan President Will Visit Allies in South Pacific as Rival China Seeks Inroads

FILE -Taiwanese President Lai Ching-te delivers a speech during National Day celebrations in front of the Presidential Building in Taipei, Taiwan, Oct. 10, 2024. (AP Photo/Chiang Ying-ying, File)
FILE -Taiwanese President Lai Ching-te delivers a speech during National Day celebrations in front of the Presidential Building in Taipei, Taiwan, Oct. 10, 2024. (AP Photo/Chiang Ying-ying, File)

Taiwanese President Lai Ching-te will visit the self-governing island’s allies in the South Pacific, where rival China has been seeking diplomatic inroads.
The Foreign Ministry announced Friday that Lai would travel from Nov. 30 to Dec. 6 to the Marshall Islands, Tuvalu and Palau.
The trip comes against the background of Chinese loans, grants and security cooperation treaties with Pacific island nations that have aroused major concern in the US, New Zealand, Australia and others over Beijing's moves to assert military, political and economic control over the region.
Taiwan’s government has yet to confirm whether Lai will make a stop in Hawaii, although such visits are routine and unconfirmed Taiwanese media reports say he will stay for more than one day.
Under pressure from China, which claims Taiwan as its own territory and threatens to annex it by force if needed, Taiwan has just 12 formal diplomatic allies. However, it retains strong contacts with dozens of other nations, including the US, its main source of diplomatic and military support.
China has sought to whittle away traditional alliances in the South Pacific, signing a security agreement with the Solomon Islands shortly after it broke ties with Taiwan and winning over Nauru just weeks after Lai's election in January. Since then, China has been pouring money into infrastructure projects in its South Pacific allies, as it has around the world, in exchange for political support.
China objects strongly to such US stopovers by Taiwan's leaders, as well as visits to the island by leading American politicians, terming them as violations of US commitments not to afford diplomatic status to Taiwan after Washington switched formal recognition from Taipei to Beijing in 1979.
With the number of its diplomatic partners declining under Chinese pressure, Taiwan has redoubled efforts to take part in international forums, even from the sidelines. It has also fought to retain what diplomatic status it holds, including refusing a demand from South Africa last month that it move its representative office in its former diplomatic ally out of the capital.