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A senior member of Iran's Revolutionary Guard urged the government Tuesday to follow its supreme leader's vision for a self-reliant economy and said the Guard wanted to play a bigger role to make that happen. Ayatollah Ali Khamenei, Iran's most powerful figure, called for a "resistance economy" Sunday, saying U.S. policies to restrict business with Iran had undermined any economic benefits of international sanctions being lifted in January.Any increase in the IRGC's economic footprint could make Iran a riskier market for foreign investors, as many of its members and front companies remain under U.S. sanctions on Iran's defense industries for alleged support for what Washington sees as "acts of terrorism".Khamenei called the Iranian new year, which began Sunday, "the year of the resistance economy," implying that he expected the government to do more to insulate the economy from possible sanctions or hostile foreign activity.
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