The Vice President has reassured the nation that the government has prepared strong economic plans to deal with the risk of sanctions being reimposed, also called a “snapback.” He said that while the country hopes for stability in international relations, it is also ready to protect its economy if outside pressure increases.

What Is a Snapback of Sanctions?

The term “snapback” means that sanctions, which were lifted earlier, can be brought back quickly if certain conditions are not met. These sanctions usually target areas like trade, banking, oil exports, or international investments. They can create problems for businesses, reduce foreign investment, and limit access to global markets.

The Vice President explained that such measures are often political. But he stressed that the government has learned from past experiences and is determined to shield the economy from sudden shocks.

Government’s Preparedness

According to the Vice President, detailed strategies are already in place. These include:

Diversifying trade partners – Expanding exports and imports with a wider group of countries so that the economy does not depend on only a few.

Boosting local production – Supporting industries at home to produce more goods domestically, especially in essential sectors like food, medicine, and energy.

Strengthening financial systems – Encouraging use of national currencies and alternative payment systems to reduce reliance on international banking channels that might be restricted.

Building reserves – Maintaining strong foreign exchange and commodity reserves to stabilize the economy if outside trade slows down.

Protecting Citizens and Businesses

The Vice President said that the government’s top priority is to protect citizens from inflation, shortages, or job losses that sanctions could cause. Special support plans are prepared for small businesses, farmers, and exporters who may be directly affected.

He also promised that subsidies on essential goods would continue if needed, and that authorities will monitor prices closely to prevent unfair increases.

Working with the Private Sector

The Vice President highlighted that the government cannot act alone. The cooperation of private companies, entrepreneurs, and financial institutions is crucial. Policies will focus on encouraging innovation, supporting start-ups, and making it easier for businesses to operate even under restrictions.

He also encouraged investors and exporters not to be discouraged by the threat of sanctions. “Our markets are strong, our people are resilient, and with proper planning we can continue to grow,” he said.

A Message of Confidence

While international negotiations continue, the Vice President wanted to send a clear message: the country is prepared for any outcome. Even if sanctions return, the economy will not collapse. Instead, it will adapt, build new partnerships, and strengthen itself from within.

“We have faced challenges before, and each time we came out stronger,” he said. “This time will be no different. Our economic plans are ready, our institutions are working, and together with the people, we will overcome any difficulties.”