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Iran boosts non-oil export

Business Materials 6 August 2020 10:38 (UTC +04:00)
Iran boosts non-oil export

TEHRAN, Iran, Aug.6

Trend:

Iranian Acting Industry, Mining, and Trade Minister said that the way to save the country from the current sanctions is production and export.

“The country's imported goods are including raw materials, parts needed for production and basic goods, while the import of luxury and unnecessary goods is prohibited,” Hossein Moddares Khiabani said, Trend reports citing IRNA.

During a meeting with the participation of representatives of chambers of commerce, he stressed the need to pay special attention to the development of non-oil exports in the year of the leap in production.

"The ministry bans the import of any luxury and non-essential goods, and 2,500 rows of tariffs related to the items which have similar domestically made goods have been banned from delivery to the country,” he said adding that up to 15% of other imported goods account for basic and essential items.

Modarres Khiabani stated that, according to the plans, the value of non-oil exports in the current year (started on March 20, 2020) shall exceed $41 billion.

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