Post-sanction export policies approved by Rouhani

TEHRAN, Aug. 17 (MNA) – Iranian President Hassan Rouhani has approved the country’s post-sanction policies on making a jump in exporting goods and services.

During the 121st meeting of coordination committee of economic resistance chaired by the Iranian President on Monday, Hassan Rouhani underscored the need for an all-out support for ‘export-orientated productions’.

The Iranian president addressed all relevant organizations to take advantage of opportunities raised thanks to the lift of sanctions and ease of access to global markets as a means to increase efficiency and create sustainable job opportunities for the youth.

During the meeting, the report submitted by the minister of industry, mine and trade in regard to the status of the country’s non-oil exports was reviewed. The President also approved of the export policies in relation to Iran’s post-sanction era.

Under the new decisions, the process of issuing bank guarantees for the export of technical and engineering services will be facilitated and export credits from the National Development Fund will be allocated for participation in the target markets.

In July, Head of Management and Planning Organization of Iran Mohammad Bagher Nobakht said Iran’s 6th Economic Development Plan, which will take effect during the upcoming Iranian calendar year (starting on March 21st), will be based on post-sanction era to ensure a sustainable economic growth.

Nobakht also pointed to the government’s plan to secure an 8% economic growth and said reaching such a figure needs both domestic and foreign resources.

By Mehr News Agency