Iran targets $50 bln of non-oil export
Baku, Azerbaijan, Apr. 27
By Fatih Karimov - Trend:
Iran plans to export $50 billion worth of non-oil goods during the current fiscal year (started March 20), Mohammad Reza Modoudi, the vice-president of Iranian Trade Promotion Organization, said.
He further said that the country's non-oil export capacity is over the targeted figure, Mehr news agency reported Apr. 27.
However achieving the goal needs that the problems remaining from the sanctions era to be settled, he said.
Iranian officials have previously called on the US to do more to remove obstacles to integration of Iran's banking sector to the global system after international sanctions against Iran were removed as the nuclear deal entered the implementation stage last January.
Earlier, Valiollah Seif, the head of Iran's central bank, accused the US and the EU of failing to honor the JCPOA (Joint Comprehensive Plan of Action, aka nuclear deal) by keeping Iran locked out of the international financial system.
Elsewhere in his remarks, Modoudi said that following the removal of sanctions many new countries have started importing goods from Iran alongside with the traditional markets, Modoudi added.
Visit of foreign trade delegation which started last year, is expected to continue this year, he said, forecasting that the visits will lead to expanding the Islamic Republic's foreign trade.
Modoudi also said that increasing imports and exports is a priority for the Iranian Industry, Mining and Trade ministry.
Tehran's non-oil exports (including condensates) surpassed $42.415 billion during the last fiscal year (ended March 20), indicating a fall by 16.1 percent compared to the preceding year.
Over the last Iranian fiscal year, the country also imported $41.5 billion worth of goods, 22.5 percent less year on year.