Iran Annual Non-Oil Exports Could Hit $100b
IRAN NEWS ECONOMIC DESK
TEHRAN – Head of the Export Promotion Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) says Iran has the capacity to increase its annual non-oil exports to $100b.
Speaking to ILNA news agency, Mr. Jamshid Nafar said, “If the government consults with the private sector in the export sector, we can achieve the last year’s export figures and even more, otherwise reaching this goal will be very difficult.”
Referring to the downward trend in the exports in the first month of the current Iranian calendar year (started on March 20), Nafar said: “In Farvardin [the first Iranian calendar month], the figure has only reached $1.6 billion, which is perfectly normal considering the problems caused by the coronavirus outbreak, the problem will be solved by the opening of the borders.”
“Our main problems in exports are the lack of infrastructure, problems related to various directives and management issues, and if we want to increase the value of exports, we must find solutions to these problems,” he said.
Increasing non-oil exports to the neighboring countries is one of the major plans that the Iranian government is pursuing in the current Iranian calendar year.
Iran shares border with fifteen countries, namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia.
