Tehran, Iran, July 23
Trend:
Iran has exported candy worth $120 million, while manufacturers of sweets and chocolate have used official foreign currency rate to import sugar, said Deputy Head of Trade Promotion Organization of Iran Mohammad-Reza Modudi, Trend reports citing ISNA.
Meanwhile, the secretary of Iranian Sugar Factories Syndicate Bahman Danaie said that although the use of official foreign currency rate for sugar and candy isn't a violation, it was not right, since the official foreign currency rate is provided to secure basic food items.
"Utilizing official foreign currency to produce candy and then exporting the product with free market foreign currency rate is only in favor of a few individuals," said Danaie.
"The solution for this problem is that the government permits candy producers to import sugar with free foreign currency rate so they can provide raw material and export their product with fair price," he added.