BAKU, Azerbaijan, Mar. 24
By Elnur Baghishov – Trend:
A total of 14 panels on domestic production were held in Iran over about 1.6 years (from September 23, 2019 through February 18, 2021), which prevented the outflow of 1.2 billion euro worth of currency from the country, Trend reports citing the Ministry of Industry, Mine and Trade of Iran.
According to the report, these panels were held in the automotive, petrochemical, oil refining, steel, communications and telecommunications and copper industry sectors.
"So, 4 panels were held in the automotive sector and which prevented the outflow of currency worth 343 million euro," the report said.
In addition, 4 panels were held in the petrochemical sector, which prevented the outflow of 243 million euros worth of currency from the country, the report said.
According to the report, the outflowing of 80 million euro worth of currency from the country was prevented in the oil refining sector with the holding of a panel, 443 million euro in the steel sector with 1 panel and 0.7 million euro in the copper industry sector with 1 panel.
"At the same time, two panels were held in the area of communications and telecommunications. Thus, the outflowing of currency worth 123 million euros from Iran was prevented. In addition, a panel was also held in all areas, which prevented the outflow of $200 million worth of currency from the country," the report said.
A total of $2.8 billion was provided for imports due to the development of domestic production, the report said.