Iran’s share of knowledge-based products stands at 2b dollars

IRNA – The head of Trade Promotion Organization of Iran Mohammad Reza Modoudi said the share of Iran’s knowledge-based products in the world trade is about two billion dollars.

Talking in a ceremony here on Monday, he said that production of such products helps inject currency into the country’s economcy.

Given the sanctions targeting more traditional, industrial, and commercial goods, he noted, the country needs to take advantage of the capacity of knowledge-based products.

Modoudi who is also the Deputy Minister of Industry, Mining and Trade noted that the opening of new scientific capacities inside the country plays a significant role in increasing Iran’s exports and growing Iran’s share of non-oil export in world.

Noting that Iran holds the fourth rank in world’s top nanoscience skills, Modoudi highlighted that items produced by Iranian scientists in the field of nanoscience are of unique standards in the world.