Red-Carpet Spread for Non-Oil Exports
Red-Carpet Spread for Non-Oil Exports
TEHRAN – Economy Minister Farhad Dejpasand said yesterday that the country witnessed growth in foreign investment in the last Iranian calendar year, reiterating that non-oil exports of the country are in acceptable condition.

Speaking to reporters yesterday, he said the ministry has taken measures in order that enemies become unable to harm Iran’s economy and non-oil-reliant budget is one of them.

IRAN NEWS ECONOMIC DESK

He added that despite economic problems, nobody imagined that the target for tax revenue  to be materialized but 97 percent of tax revenues was materialized.

He reiterated that the ministry has spread red carpet for non-oil exports and there is no restriction for it, adding that revenues from non-oil exports continue despite the U.S. pressure.

Dejpasand added that the trend for non-oil exports has been good and acceptable in the first quarter of the year, adding that foreign investment in the country grew to $4b in the last four months of last year.

He noted that Iran’s place in the business climate rankings has fallen by four places but in the foreign trade the country has moved 49 places in the rankings.

He also said that tax revenues have grown by 28 percent in the first quarter of the current year comparing to the same period last year.

Dejpasand also highlighted the failure of Washington’s policy of economic pressures against the Islamic Republic and said the country has numerous options and strategies to counter the U.S. sanctions.

“As we are in the era of sanctions, the enemy seeks to create disappointment in the (Iranian) society and sow discord between the government and the nation so that it can expose the society to tension,” he told reporters.

“At the beginning of my tenure at the Ministry of Economy, the wave of the U.S. president’s actions against our country had begun, and we had to look for solutions for the transition period with minimal damage,” he added.

“In the current situation, our hands are full of (options) to counter enemy actions…,” the minister went on to say without giving more details about strategies to offset U.S. sanctions.