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Iran sees increases in exports

Finance Materials 27 November 2021 10:41 (UTC +04:00)

TEHRAN, Iran, Nov.27

Trend:

The Iranian government is planning to increase export by 50 percent, said the Director-General in the commercial services development office in the Iran Trade Promotion Organization, Trend reports citing IRNA.

The export will increase to $45 billion by the end of the current Iranian year (started March 21, 2021) and continue to grow to $50 billion in the next Iranian year (started March 21, 2022), Ehsan Ghamari noted.

The Iranian government has drafted a roadmap known as non-inflationary economic growth to boost production that includes monetary, budget, and foreign exchange policies.

The following road map is to strengthen trade bartering, increase monetary agreements, and export incentives with the aid of the private sector.

Iran's neighbor countries and the Eurasian Economic Union are potential markets for Iranian goods.

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