Iran’s president calls for trade policy overhaul

Iranian President Ebrahim Raeisi has called for an overhaul in the country’s trade policies so that exports can increase and manufacturers can boost their output to respond to a growing domestic demand.

Raeisi told a high-profile meeting of the Iranian Cabinet’s Economic Coordination Headquarters on Tuesday that Iran should invest more on non-crude exports while seeking to cut back on massive imports of foods and medicines.

“The approach of departments in various economic fields, especially in the food and medicine manufacturing sectors, should be revised from an import-oriented approach to localization of manufacturing and expansion of non-crude exports,” Raeisi was quoted as saying in a report by the Iranian presidency office.

 

Source: Press TV