“We predict that the Ukraine conflict will last and that sanctions will continue to be imposed on Russia. Therefore, the issue of food security, supply of oil, wheat and barley was prioritized, and in this regard, a long-term agreement for the supply of these items was put on the agenda, and necessary measures have been taken in coordination with Russia in this regard,” Alireza Peyman-Pak told reporters.

The TOPI head also pointed to a recent Moscow-hosted trade conference between Iran and Russia and said, “The visit of the Iranian delegation to Russia is considered successful. About 40 meetings were held during this event and free trade agreements were signed with 6 Eurasian member states.”

He added, “After the agreement with the Russian side, the customs of the strategic port of Makhachkala was reopened, which will have significant benefits for the exports to Russia.”

The head of the Trade Development Organization also noted that the country’s exports grew by $ 13 billion last year, adding, “We are trying to control fluctuations in the export sector so that the presence in the target markets would be long-term.”

He said Iran will soon enter into a similar agreement with the Azerbaijan republic too.

Peyman-Pak noted that the bulk of export incentives go to knowledge-based firms, noting that good agreements have been made with Russia, Oman and Indonesia for the purpose of trade development of these companies.

He said Iran must shift away from selling raw material alone.

Peyman-Pak noted that Iran’s exports grew by $13 billion last year, saying the country is trying to control export fluctuations so that it will have a long-term presence in target markets.

The surge in Iran’s trade with foreign nations comes at a time when the Islamic republic is under the harshest unilateral sanctions by the U.S. Iran oil exports have also grown in recent months and the administration of President Ebrahim Raisi says revenues from crude sales are returning to the country despite restrictions on the Iranian banking system.

Meanwhile Iranian ambassador to Russia stressed that the two countries intend to expand cooperation in the field of energy.

On Monday, the Iranian ambassador to Russia visited the booth of Iran’s National Petrochemical Company and talked with the heads of large Iranian holdings present at the exhibition.

The exhibition, which is held in the field of equipment and technology in the oil, gas, and petrochemical industries, is expected to have about 20,000 visitors.

On the sidelines of the 21st Russian Oil and Gas Exhibition, the Iranian Ambassador to Russia, referring to the good and beneficial relations between the two countries said: “Iran and Russia, with their rich oil and gas reserves, have a good opportunity to develop cooperation in this sector.”

Jalali said that the presence of Morteza Shah Mirzaei, Deputy Minister of Oil and CEO of Iran’s Petrochemicacompanyl, along with a number of capable Iranian petrochemical holdings in the exhibition, expresses Iran’s will to develop cooperation in this field.

Referring to the significant production capacity of petrochemical products in Iran, Shah Mirzaei mentioned the country’s oil and gas reserves as the backbone of this industry and invited the companies present at the exhibition to invest in Iranian projects.

Iranian Deputy Minister of Oil also invited companies to attend the two exhibition events of Iran Plast and the Oil Exhibition.

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The CBI has supplied $9.5 billion for importing basic goods as well as medicine in the first six months of the current Iranian calendar year (March 21-September 22), another official with the bank has previously announced.

As reported by IRIB, Shiva Raveshi said the government allocated $8 billion for the supply of basic goods and medicine in the current fiscal year’s budget bill, all of which has been supplied in the first half of the year and $1.5 billion has also been supplied for the imports of Covid-19 vaccine.

“The $9.5 billion that has been provided this year is almost equal to the total currency provided for the imports of basic goods in the previous calendar year (ended on March 20); this shows that this year we performed better in terms of meeting the real needs of the country,” she said.

Raveshi pointed to the achievements of the bank despite the difficulties created by the U.S. sanctions, saying: “In the conditions of sanctions and reduction of oil revenues, we were able to meet the basic needs of the country and even the necessary materials for the production units, which is considered a success for the country and shows that the capacity of the country’s non-oil exports is increasing.”

Meanwhile, back in September, Mehrdad Jamal Orounaqi, the deputy head of the Islamic Republic of Iran Customs Administration (IRICA) for technical affairs, had said that the clearance of basic commodities from the customs has been expedited.

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Rastad noted that 11.4 million tons of basic goods have also been cleared from the country’s ports since the beginning of the current Iranian calendar year (March 21).

The official said 24 vessels loaded with 1.3 million tons of such commodities are currently waiting at the ports to unload their cargoes.

At present, the storage of basic goods is mainly at the Imam Khomeini Port with more than 3.2 million tons, Rastad said, adding that the total number of ships that are unloading in the country’s ports is 18, of which 10 are at Imam Khomeini Port.

Referring to the importance of Imam Khomeini port, Rastad said in the fifth month of the current Iranian calendar year (July 22-August 22) about 1.5 million tons of goods were unloaded at this port, with a daily average of 46,750 tons.

“Every day, on average, 52,799 tons of goods were also distributed from this port by truck and through the rail network,” he added.

Back in July, Head of Iran Road Maintenance and Transportation Organization Darioush Amani said that over 154 million tons of basic goods were transported through Iran’s roads in the first three months of the current Iranian calendar year (March 21-June 21) of which 6.5 million tons were distributed from the country’s ports.

“Some 62 percent of these basic goods were distributed from Imam Khomeini port and the rest from Bandar Abbas and Amirabad ports,” Amani told IRIB.

According to Amani, last year, a total of 502 million tons of goods were transported through the country’s road network, which was unprecedented and grew by 5.6 percent compared to the preceding year.

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According to IRICA Deputy Head Mehrdad Jamal Orounaqi, in a recent meeting of the government economic coordination headquarters, some problems and issues were raised regarding the clearance of goods in the country’s customs, and a report was presented to the president.

Following the mentioned meeting, Rouhani issued a decree ordering to investigate and resolve the mentioned problems and also agreed with the IRICA and Industry Ministry’s proposals in this regard.

According to Orounaqi, currently, over 5.2 million tons of basic goods have been piled up in the country’s ports, of which 3.8 million tons are deposited at Imam Khomeini Port.

Head of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad had earlier said that the outbreak of the coronavirus was the main reason for the delay in the clearance of goods from ports and customs.

The importers however say that the lack of foreign currency allocations for them has been a major challenge for clearing their goods.

Back in February, the Iranian market regulation headquarters approved six new directives aiming to enhance the clearance of goods at the country’s customs.

The mentioned directives covered a variety of areas including the value of the goods, weight tolerance, abandoned goods, banned goods, and foreign transit.

Also, to prevent the deposition of goods in special economic zones and customs, the IRICA was given the authority to take the necessary actions to clear basic and essential goods for transit, without requiring the owners to place order registration.

Earlier in January, Iranian Industry, Mining, and Trade Minister Alireza Razm-Hosseini had said that his ministry was going to take necessary measures to accelerate the clearance of goods at customs to help regulate domestic markets.

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Some 6.98 million tons of basic goods were imported in the said time, registering 64 percent growth year-on-year, he added.

Of the said imported amount, 7 million tons have been through Imam Khomeini port, the official said.

An official from Iranian ministry of industry, mine and trade told Mehr news agency in early August that the volume of ministry’s registered orders for imports of basic goods is five-fold more than domestic need for the products.

“The ordered goods will be imported incrementally,” the officials said.

“Some of the ordered goods are now at the country’s customs and will be released gradually to regulate domestic market,” he added.

“Some parts of the orders are made by state-run companies and the industry ministry is the body in charge of them,” the official said.

“The ministry will supervise distribution of the goods to regulate domestic market and to protect both producers and consumers,” he added.

The official underlined that presently, Iran’s domestic market is facing no difficulty with supplying basic goods.

Supplying basic goods is one of the major issues on the Iranian government’s agenda in the current Iranian calendar year (started on March 21) and it is one of the focal pillars in the national budget bill for this year.

In this due, the government is taking numerous strategies for the supply of these goods. One of them is allocating foreign currency for the imports of basic goods through domestic Forex Management Integrated System (locally known as NIMA) which allows importers to supply their required foreign currency without specific problems.

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“In the past month, 1.8 billion euro has been paid for importing basic goods including oil, meat, rice, medical equipment, etc., while 1.4 billion euro has been supplied by the domestic Forex Management Integrated System [locally known as NIMA] for importing raw materials as well as capital and consumer goods,” Abdolnaser Hemmati wrote on his Instagram page.

According to the latest announcement of CBI, the bank has paid €5.5 billion for supplying basic goods since the beginning of the current Iranian calendar year (March 21) till early September.

Such measures have been taken to encounter the recent unprecedented sharp depreciation of rial against the U.S. dollar.

The increase in prices of basic goods outstrips people’s income, i.e. purchasing power has decreased.

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