Iran’s export volume up by 16% in Q1

MNA – Deputy Ministry of Industry, Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI) Mojtaba Khosrotaj put the country’s export volume in the first three months of current year (Mar. 21-June 21) at over 16%.

Speaking in Working Group on Export Promotion in Yazd province, he said, “in this line, requirement of global markets, neighboring states and Iran’s salient advantages should be specified clearly.”

He put the export volume in petrochemical and textile industrial sectors at 13 and 33 percent, respectively.

Some part of export is subject to the negotiable price, he maintained.

Currently, foreign exchange resources are divided into three main groups as follows: one group is related to the revenues obtained from export of oil and gas condensates while the second group is pertained to the currency revenues obtained from purchase of petrochemicals and metallic minerals.

The third group of foreign exchange resources is related to the imports versus exports, he continued.

Paving suitable ways for importing goods such as paper, building capacity in exports promotion, strengthening economic diplomacy, setting up win-win tariff system with neighboring states, taking advantage of fruitful experience of successful economic enterprises and also reducing tariff rate for some goods and commodities are of the other salient achievements in this meeting.