Iran's foreign trade to face heavy fall in 2019
Tehran, Iran, Dec.22
The vice chairman of Iran - China Chamber of Commerce Majidreza Hariri has revealed obstacles for imports and exports between the two countries.
"Iran's foreign trade is affected by sanctions. In fact, it is the first sphere that would be hit by sanctions," Hariri said in an interview with Trend.
He pointed out that the current damage on foreign trade is mainly due to the sanctions, alongside with domestic mismanagement in confronting the sanctions. "These factors have caused the drop in foreign trade statistics."
"It is predicted that in comparison with previous years, Iran foreign trade would extremely fall next year"
"These signs show that Iran's policymakers would neither like to change their policy that has led to sanctions, nor want to learn from the previous sanctions", he said.
Referring to pressures on businessmen during sanctions, he noted that part of it is due to suspension of banking transactions, the other reason is the sanctions. Hariri noted that Iran has not adjusted its banking rules according to that of global organizations, including the FATF.
Iran has attempted to follow the global anti-money laundering and countering financing of terrorism rules that was set by the Financial Action Task Force (FATF). Therefore as it was demanded by the international organizations, the combating the financing of terrorism (CFT) bill was passed by the Iranian parliament, however, the Guardian Council rejected the bill.
"It is one of the factors that put pressures on foreign businessmen. Banking, insurance are the domestic factors, while the government is allocating little foreign currency resources to imports under the sanctions. So it limits imports or delays them,” he added.