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Iran VP calls for extra non-oil exports

Business Materials 2 March 2011 11:38 (UTC +04:00)
Iran's First Vice President Mohammad Reza Rahimi has called for a boost in the exportation of Iran's non-oil products in the coming Iranian calendar year starting March 21, Press TV reported with reference to Mehr news agency.

Rahimi predicted that the figure for Iran's non-oil exports will top $45 billion in the next year.

He noted that under the government's plans, exporters will have representatives in the Supreme Council for Non-oil Exports to help remove the obstacles in the way and increase the volume of non-oil exports.

The Iranian vice president stressed the need for exports to surpass imports. "All the existing barriers in the way of non-oil exports should be removed through the cooperation of government and Majlis (Iran's Parliament)," he told.

According to Iran's Deputy Commerce Minister Hamid Safdel, the country generated an income of $79 billion between 2005 and 2009.

"We managed to draw an income of $79 billion in hard currency during the years between 2005 and 2009 despite problems caused by economic sanctions, the ongoing global financial downturn... and a decline in demands," the official said.

A report by Iran's Customs Administration reveals that over 56 million tons of goods worth more than $26 billion were exported in the first 10 months of the current year, indicating a 26-percent growth in weight and a 23-percent rise in value compared to the same period last year.

The Iranian deputy commerce minister noted the value of non-oil exports will have hit $30 billion by the end of the Iranian calendar year, which will be the highest figure in the history of the country's trade.

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