TEHRAN, Iran, June 21
Trend:
Iran's new government should invest in export and do some serious planning to create more jobs, former head of Iran Trade Promotion Organization Mohammadreza Moudoodi said, Trend reports citing ILNA.
"There are 12,000 export companies in Iran and 90 percent of country's exports are done by 450 export companies," he said.
Moudoodi noted that the number of active export companies should increase, and this requires extra planning.
He said Iran lost a considerable share of the market due to sanctions in recent years and because of COVID-19 as well.
"We've lost about $17 billion of worth of export market and $7 billion of this sum is related to the last Iranian year (started March 20,2020)," he said.
"Iran's non-oil and oil export sectors are providing foreign currency resources that would help the production and domestic trade, therefore these two sectors require serious planning," he said.