TEHRAN (Iran News) – Iran Exports to Surpass $40b This Year. Minister of Industry, Mine and Trade Mr. Seyed Reza Fatemi Amin in a TV program said Iran’s exports will surpass $40b by the end of the current Iranian calendar year (mid-March).
Speaking in a TV program on the occasion of the National Exports Day, Fatemi Amin said that the ministry seeks providing and distributing required commodities by the country with good prices.
He added that one of the plans of the ministry is to reform the structures of some markets like cement, steel, petrochemicals and cotton, adding that until two weeks ago there was some turbulence in the forex market but at the same time there was stability in the steel market which is a key issue, reiterating that the country should reach a stability in economy.
He noted that in cooperation with Iran Mercantile Exchange, 25 tools have been prepared that so far 15 tools have been operationalized and four more tools will be operationalized next week.
Fatemi Amin added that employment of these tools will lead to elimination of golden signatures and 20 out of 30 rationed commodity groups will be eliminated.
He reiterated that the more country reduces its dependence, the more its economy will be stable. He said distribution is one of the important issues which needs transparency in its cycle as its control will let us know from A to Z of production to the distribution process.
Referring to the country’s $35b of exports last year, he said this figure will exceed $40b by the end of the current year and by improving the cycle of exports the amount can grow more.
On control of prices of the goods in the domestic market, he said the ministry is to launch a comprehensive and transparent system for controlling the prices and it can monitor the shortage or oversupply of the products through this system.
He reiterated that producers have to mention the prices of their products on the distributed goods and soon people will see the outcome of this project in the stores and they can monitor the prices and offenders will be easily identified.
Fatemi Amin noted that the system of choosing the best exporters of the year was changed this year by his ministry and the knowledge-based companies were more under spotlight this year because in the past they were ignored in this category. He reiterated in his opinion, there is difference between someone who sells one million dollars of crude oil with someone who exports knowledge-based equipment.
He also called for easing production and making hard unproductive jobs. He said by reducing the production tax from 25 to 20 and then to 10 percent in 4 years, the profit of production will increase.
He noted that the government emphasizes profitabile businesses because if a business is profitable, the government can get tax and job will help employment.
