Iran sets $100b non-oil export target

October 21, 2017

TEHRAN - First Vice-President Es’haq Jahangiri announced on Saturday that Iran’s annual non-oil exports currently stand at $47 billion and the country is hopeful that the figure will hit $100 billion per annum in the future, Tasnim news agency reported.

He made the remarks addressing the 21st ceremony on the National Exports Day at the Tehran’s Summit Conference Hall.

According to IRNA, Iranian Industry, Mining and Trade Minister Mohammad Shariatmadari also made some remarks during the event. “Despite the available resources and capacities in Iran, in sectors of production, trade and exports, there exists a gap between wishes and what is currently available,” he said.  

“The value of the top 10 goods exported by Iran stands at $23.8 billion, which constitute for 55 percent of the country’s total non-oil exports i.e. there can be seen no variety in the exported goods, unfortunately,” he elaborated. 

Addressing the same event, Head of Iran’s Trade Promotion Organization (TPO) Mojtaba Khosrotaj named developing exports as Iran’s major policy in macro-economics, which can be done via national determination and redefining the duties of affiliated organizations and firms including TPO.

Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie was also among the ceremony’s lecturers. In his opinion, “In comparison with other economic sectors, Iran’s exports is more vulnerable to economic, political, and business environment fluctuations and it is vital to pay a specific attention to it both in the short and the long-run.”

HJ/MA

PHOTO: (Right to left) Head of Trade Promotion Organization Mojtaba Khosrotaj, First Vice-President Es’haq Jahangiri, Industry, Mining and Trade Minister Mohammad Shariatmadari 

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