Iranian MP: exit of foreign brands creates opportunity for local producers
Baku, Azerbaijan, May 13
By Elnur Baghishov – Trend:
The exit of some foreign brands from Iran has created an opportunity for local producers, Fereydoun Ahmadi, member of the Iranian Parliament Committee on Industries and Mines, told ISNA, Trend reports.
According to Ahmadi, domestic producers can use this opportunity to win customer satisfaction. He added that some companies are unable to operate in Iran due to the problems with the delivery of foreign currency to Iran as a result of the sanctions.
In his words, the Iranian Ministry of Industry, Mining and Trade tries to address these issues. However, Ahmadi stated, no steps should be taken to force foreign companies to leave the Iranian market altogether, as these companies also have their own customers. According to him, conditions should be created for the activities of foreign companies.
"Due to the problems with local production, the clients purchase foreign goods. Therefore, important steps must be taken to increase and strengthen the country's production," he said.
The US imposed sanctions on Iran in November 2018.