Iran’s Exports Fall 10.5% in H1
IRAN NEWS ECONOMIC DESK
TEHRAN – Head of Iran’s Trade Promotion Organization says the country’s exports have fallen 10.5% in the first half of the current Iranian calendar year.
Speaking at a press conference on the eve of National Exports Day, Mr. Hamid Zadboom said that the country’s exports in the first half of the current year were $20.948b which shows 10.5 percent decline comparing to the same period last year. On the imports, he said that goods worth over $21b have been imported to the country in the same period which indicates 5% fall comparing to the preceding year, reiterating the combination of the market has not changed.(Iran’s Exports Fall 10.5%)
On the programs of the Trade Promotion Organization to mark the National Exports Day on October 21, Mr Zadboom said that the organization as the custodian of foreign trade is to honor the top 50 exporters of the country in a ceremony attended by President or Vice-President.
He added that special committees are working on to choose the best exporters of the year.
Pointing to the elimination of foreign trade statistics on the website of the organization, he said since the start of trade war between China and the U.S., Chinese government has eliminated statistics on its foreign trade, adding that he expects Iranian journalists and economists to consider national interests in this regard.
On Europe’s financial mechanism for trade with Iran, SPV, he said that as long as Europe does not buy oil from Iran, the mechanism is meaningless.
On the 780-billion-toman incentive package for exporters, Zadboom said that so far no money has been earmarked for exporters, adding that the incentive package depends on materializing the budget target by the government and the government has failed so for but it works to materialize it.