Talks Underway for Preferential Tariff With Indonesia
Talks Underway for Preferential Tariff With Indonesia
Head of Iran Trade Promotion Organization (TPO) announced beginning of talks for creating preferential tariff with Indonesia as well as free trade with Serbia.

TEHRAN (Iran News) – Head of Iran Trade Promotion Organization (TPO) announced beginning of talks for creating preferential tariff with Indonesia as well as free trade with Serbia.

Speaking in the 36th meeting of representatives of Tehran Chamber of Commerce, Alireza Payman-Pak said that the organization’s plans regarding promotion of trade are divided into two parts, adding that one part is related to broadening market and the other one is to remove problems in way of the trade.

He went on to say that so far there has been no macro plan for promoting foreign trade but regarding the remarks of President Raisi in his election campaign for doubling the non-oil exports, targets have been set eastbound and the TPO has set the least target to increase the non-oil exports to $75b in the 2025 Outlook Plan.

He said that therefore it was decided the interactions with the neighboring countries to be put on the agenda and promoting trade diplomacy is the priority of the organization in the non-oil exports.

Payman-Pak went on to say that there is a change in the approaches regarding the exports in the country and the country is shifting from traditional exports to the technology-centered exports.

He noted that the organization has prioritized exports and the first priority for export is the neighboring states or some other strategic countries and this process has been focused on some axes that one of the main axes is the issue of broadening market and the issue of logistic.

Pointing to the international trade agreements with other countries, he said that the issue of agreements on the free trade has begun with some countries that free trade with Serbia is one of them and the organization has also started the talks on preferential tariff with Indonesia.

Payman-Pak stated that the issue of free trade with Eurasia is pursued seriously and by December both parties will reach agreement regarding the goods.

He also said that the organization has also taken some actions regarding financial and monetary issues and it has tried to bring sanctions management networks to the help of the non-oil trade.

Payman-Pak also said that efforts for deployment of commercial attaches are pursued strongly and currently the number of Iran’s commercial attaches has been increased from 5 to 12. He added that some 7 trade centers have been launched in countries, adding that one of them is in the UAE and the TPO is working to turn these centers into trade embassies in order that they can offer trade services.

Payman-Pak also said that expansion of exporting technical and engineering services and knowledge-based products are of the main priorities of the organization and some measures have been taken and the organization has tried to resolve the issue of the guarantee letter for exports of engineering and technical services.