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Iran's export of industrial goods to increase

Business Materials 24 September 2021 16:50 (UTC +04:00)

TEHRAN, Iran, Sept. 24

Trend:

Iranian Minister of Industry, Mine and Trade Seyyed Reza Fatemi-Ami predicted the increase of exports of Iran's domestically made industrial goods by $5 billion by the end of the current Iranian year (ends on March 21, 2022) compared to last year, Trend reports citing IRNA.

Fatemi-Amin said the main problems of production factories are lack of working capital, financial resources, and export-oriented policy.

Fatemi-Amin made the remark during his visit to the city of Ivan in Ilam Province of Iran. He also visited five industrial factories of Ivan city to get more insight on the problems of the producers.

The minister announced that a special group has been formed since early September to activate closed and semi-closed industrial factories.

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