Production Grows by 6% in 9 Months
Production Grows by 6% in 9 Months
Minister of Industry, Mine and Trade says production has grown by 6 percent in nine months comparing to the same period last year, adding that the growth is seen in two-thirds of the selected production.

Production Grows by 6% in 9 Months

IRAN NEWS ECONOMIC DESK

TEHRAN – Minister of Industry, Mine and Trade says production has grown by 6 percent in nine months comparing to the same period last year, adding that the growth is seen in two-thirds of the selected production.

In meeting with the members of Iran Chamber of Cooperatives, Mr. Reza Rahmani pointed to the growth in production especially in sectors like steel, shortening, tile, ceramic and cement, adding that last year the growth in industry was minus 9.2 percent but it improved by September 2019 and it reached 4 percent and it indicates 10 percent growth.

He went on to say that last year, growth in production in agro sector was minus 3 percent but the figure this year has become positive and reached 6.5 percent.

Rahmani further said that this year the volume of non-oil exports has been 103m tons in terms of weight while the figure was 87m tons in the same period last year, indicating 20 percent growth.

He emphasized setting up of cooperatives and industrial units in the country and they should take advantage of the capacities of all neighboring states especially Eurasia.

Rahmani noted that for example, Pakistan needs around 100m square meters of tile as the country only produces 20m square meters and it imports the remaining 80m square meters while Iran only exports 8m square meters of tile to Pakistan. So neighboring states and their markets is considered big export capacity for Iranian economic activists, especially the cooperatives, he added.

He urged all chambers of commerce and cooperatives for stationing their trade representatives in the target countries for their exports, adding that the ministry is trying to boost consultation but it does not mean that chambers of commerce remain passive.

Rahmani noted that unfortunately the country does not have any commercial attaches in Erbil, Mosul, Basra, Karbala and Najaf, and chambers of commerce and cooperatives can station their representatives to ease the exports.

The minister added that one of the main aspects of the resistance economy is to become popular, adding that the cooperatives are the main sign of resistance economy being popular.

Rahmani reiterated that the country is in the economic war condition and one should not forget that as long as people do not enter the scene, affairs will not progress and the ministry’s task is to boost cooperation with the Chamber of Cooperatives and the chamber should increase its role and responsibility in affairs..

He reiterated that there are huge capacities in the production sector and all should work together to take advantage of it.