Iran government announces concessions to placate exporters

Financial Tribune – Rahmani said a working group comprising representatives from ICCIMA, the Central Bank of Iran and other relevant agencies is needed to debate and decide on problems that have been piling up

Iran’s minister of industries, mining and trade announced new concessions to exporters and promised closer cooperation to help resolve pending issues outlined in the long list of demand of businesses.

Attending a meeting of the Iran Chamber of Commerce, Industries, Mines and Agriculture on Sunday, Reza Rahmani tried to assure a vexed business community that he personally cares about their concerns but that he also needs to strike a balance between varying demands when final decisions are made.

“In the current circumstances, the most important threat (to the economy) is the closure of factories and production units, lack of funds and shortages of raw materials,” Rahmani told the gathering.