ICCIMA Head Gholam-Hossein Shafeie had previously announced the preparation of the mentioned package during the 14th meeting of the ICCIMA board of directors.

According to Shafeie, from the perspective of the private sector, the first priority of the future president should be to accelerate the country’s economic growth in a sustainable, stable, and comprehensive manner.

Emphasizing the challenges of the country’s economy, such as water and environmental problems, budget deficit, inflation, unemployment, etc., the ICCIMA Research Center package emphasizes that the country will face even more complex issues in the next decade if the current issues are not resolved.

The ICCIMA proposed policy package which is mainly focused on increasing the country’s economic growth, offers practical solutions for preventing the above-mentioned issues both currently and in the future.

Curbing inflation, restoring people’s trust in the system, providing accurate and honest statistical-analytical reports on the country’s economic condition, and controlling tensions in international relations are some of the major demands of the private sector highlighted in the ICCIMA’s proposal for the next government.

Privatization, managing the forex market, development of non-oil exports, completing semi-finished projects, eliminating redundant bureaucracy, and fighting against corruption were also among the issues addressed in the mentioned proposal.

Iran’s next presidential elections will be held on June 18, 2021, according to the deputy interior minister in charge of elections.

Candidates hoping to run in the next elections began applying since earlier this month for approval. The final list is to be announced by the Guardian Council in early June.

Under Iran’s law, an incumbent president cannot run for a third term if he has already served for two consecutive terms in office. Rouhani was first elected in 2013 and reelected four years later.

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The MOU was signed on the sidelines of an Iran-India business forum which was held in New Delhi in the mentioned day.

The business forum was attended by Iranian Foreign Minister Mohammad Javad Zarif and Head of ICCIMA Gholam-Hossein Shafeie who are visiting India at the top of a high-ranking delegation.

Zarif also aims to attend the annual international conference of the Raisina Dialogue during his stay.

As reported, holding talks with the Indian private sector, signing of an MOU with the Confederation of Indian Industry (CII) as well as identifying and removing trade barriers, especially banking, transportation and customs problems, along with negotiations on a preferential agreement between Iran and India and the joint venture in Chabahar port are also among the important issues on the agenda for the Iranian delegation.

 ‘Good time for preferential trade agreement’

During the Iran-India business forum, Gholam-Hossein Shafeie mentioned the possibility of preferential trade between the two countries saying that currently, there is a good opportunity for signing such an agreement which can quickly expand the economic relations between the two countries.

He also urged the Indian side to find solutions for the problems that the Indian banks like UCO bank and Central Bank of India are facing in trade with Iran.

Shafeie further mentioned the two countries great potentials for expansion of trade ties and asked the Indian side to remove some of the unreasonable tariffs on Iranian commodities.

Iranian bank to open Mumbai branch

On Tuesday, Mohammad Javad Zarif also met with the Indian Minister for Road Transport & Highways, Shipping and Water Resources Nitin Gadkari during which the two sides discussed various issues including banking problems and Chabahar port.

After the meeting, Gadkar told the Indian press that the government has allowed Iran’s Bank Pasargad to open its Mumbai branch within the next three months.

“They [Iran’s Pasargad Bank] are going to open a branch in Mumbai in three months. That will be used for transactions.” The official said.

“We have had a good discussion with the minister (Zarif). The first ship from Brazil has already been received at Chabahar. The financial arrangement is ready. There were some problems, but we have resolved the issues,” Gadkar added.

‘Iran won’t wait for Europe to facilitate trade’

On the sidelines of his meeting with Gadkar, Zarif said the European Union was moving slower than expected in facilitating non-dollar trade with Tehran to circumvent U.S. sanctions, forcing it to explore avenues with other nations.

“We continue to work with the Europeans for the special purpose vehicle but we are not waiting for them,” Mohammad Javad Zarif told reporters in New Delhi. “We are working with our traditional partners like India, like China, like Russia so that we continue to work in the interest of our people.”

Zarif also said he was talking to Indian officials about selling more urea to India at a “reasonable” rate.

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