Iran commerce chamber urges government to support private sector

Business Materials 10 January 2016 16:47 (UTC +04:00)

Baku, Azerbaijan, Jan. 10

By Khalid Kazimov - Trend:

An Iranian official with commerce has criticized the government for lack of support for domestic companies to participate economic activities in the international arena.

The government does not adopt enough policies to encourage private sector to engage in trade activities in international markets, according to IRNA Head of Iran's Chamber of Commerce, Industry, Mine and Agriculture Mohsen Jalalpour , said at a meeting with Road and Urban Development Minister Abbas Akhoundi on Jan. 10.

He further urged the government to pave the way for private sector to become active in international markets in order to contribute to the country's economic growth.

Jalalipour also called on the government to encounter the good smugglers saying that the good smuggling has damaged the country's economy over the past years.

He called on the government to pave the way for private sector to engage in development projects.

Saying that the agricultural and technical sectors enjoy enough capacity to participate in exports, he called for backing these sectors.

The International Monetary Fund forecast a 0.6 percent gross domestic product growth for Iran in 2015 in its April World Economic Outlook.

The IMF report put Iran's GDP growth at three percent in 2014, while predicting a 1.3 percent GDP growth for the country in 2016.

The central bank of Iran put the country's unemployment rate at 10.8 percent by June 21. Some 24.5 million people were employed in Iran in that period.

The country's urban and rural unemployment rate in the mentioned period stood at 12 and 7.6 percent, respectively.

Unemployment among men and women was also around nine and 19.2 percent, respectively.