Tehran, Aug. 6 -- Iran's Acting Defence Minister, Brigadier General Majid Ebn-e-Reza, on Thursday asserted the country's military preparedness to counter external security threats, stating that the Iranian Armed Forces' readiness relies on its domestic defence sector.

"Every day, the signs of the enemy's erosion of power become more evident; however, our Armed Forces, relying on the country's defence industry, are fully equipped to respond to any threat," official state news agency IRNA quoted Ebn-e-Reza as saying in a post on his social media handle.

Ebn-e-Reza warned that nations seeking to purchase security and military superiority from foreign suppliers will soon discover that Iran's indigenous technology surpasses all regional mili...