News ID: 264517
Published: 0359 GMT January 18, 2020

Minister: Boosting exports only way to salvage Iran’s economy

Minister: Boosting exports only way to salvage Iran’s economy

Under the present circumstances, expansion of exports is sole solution for rescuing the country’s economy, said the Iranian minister of industry, mine and trade.

In an address to a meeting attended by the heads of Iran’s industry, mine and trade organizations, Reza Rahmani added that at a time of economic war, like the conditions currently prevailing in the country, all available domestic capacities should be used to improve the situation, IRNA reported.

“Basically, the [domestic] private sector is in charge of Iran’s exports. We are solely required to prepare the ground [for their trade activities]. Fifteen neighboring states form the foundation for our work in terms of exports.”

He emphasized, “We should trust the capabilities and experience of the private sector and organizations and further prop up these sectors.”

Rahmani called on the domestic trade sector and the Trade Promotion Organization of Iran to follow up on increasing the number of Iranian cultural attachés in target countries.

He described as a priority securing the livelihood of Iranians, emphasizing that the country’s exports should comprise surplus production in industrial, agricultural and handicraft sectors.

Rahmani said that among the policies of his ministry is to prevent or restrict through the imposition of tariffs, the import of goods that can be produced domestically.

He highlighted the importance of developing regions along the country’s borders in expanding trade and exports, slamming smuggling as a serious blow to domestic production.

Speaking of the country’s wheat reserves, the minister gave assurance that the country is currently facing no difficulty in meeting the domestic demand for the crop.

 

   
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