Iran eyes to increase exports to Iraq

Business Materials 13 April 2019 12:08 (UTC +04:00)

Tehran, Iran, April 13


Iran's Minister of Industry, Mining and Trade jhas announced that Iraq is the top importer from Iran.

"In recent years, Kermanshah province accounted for the major part of exports to Iraq,” Minister Reza Rahmani said, Trend reports citing IRNA.

He emphasized that this year Iran should increase the export to Iraq.

Referring to the importance of providing liquidity to production units, he said that this issue was one of the priorities this year and the president also instructed the Central Bank, which will provide the working capital needed to maintain the existing production units.

"The ministry will provide liquidity to our manufacturing units this year. The export to neighboring countries, domestic production, mines, technology and the knowledge-based production are among the priorities of the Ministry of Industry,” he said.

Providing commercial logistics and reforming the regulatory system of export markets are the other priorities as well, noted Rahmani.

“The production boom requires sales, and domestic and foreign sales can also activate our manufacturing units,” he said. “The manufacturing activation requires the activation of export markets, in particular to neighboring countries.”