Iran to launch a business center for increasing export; official

Iran to launch a business center for increasing export; official
News code : ۸۶۰۴۵۰

"Trade Promotion Organization is determined to launch a business unit commander for decision-making on the exports affairs," Deputy Head of Trade Promotion Organization of Iran (TPOI) for Foreign Markets Told.

In an interview with ILNA published on Tuesday, Masoud Kamali Ardakani said that the condition for exports will improve, if the authorities of Supreme Council of Non-Oil Exports Development returns to the council according to the Constitutions.

He added that the TPOI is after creating new exports markets, adding that due to recent investments in fields like steel and petrochemical, the country’s exports have distanced from traditional exports.

"Creating diversity in exports needs investment in production sector," Ardakani added.

The Iranian official said that over 4,000 items of products are exported but national exports are only focused on less than 300 items of goods and it indicates that the country lacks diversity in its exports.

He also pointed to the agreement with Eurasian Union which was signed in November, calling it a good opportunity for exporters.

"Our total exports to countries of the union like Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan are valued at between 800 to 900 million dollars but our imports from those countries stand at around $1.7b. It means our total trade volume with those states is around $2.5b," he said.

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