We had to pay more for non-oil products
One member of the Tehran Chamber of Commerce argues that if the conditions for economic reform were to be improved in recent years, the impact of sanctions on Iran's economy would have been significantly reduced today.
According to the Iranian International Stone Exhibition, Seyyed Rezi Haji Aghamiri stated that in the past years Iranian producers have faced serious problems, however many of them have continued their work and today the government's cane has been kept in foreign exchange earnings. However, if some corrections were made at the right time, the problems of the producers would likely be reduced.
"If the US sanctions are able to hit the Iranian economy, it is because of the structure of the single-product economy," he said. If sanctions had been reduced in recent years by the necessary reforms and increased non-oil production, sanctions would certainly have been reduced.
The member of the Tehran Chamber of Commerce stated that the stability and presence of a bright image of the future is very important for the Iranian economy and explained that investors should be able to have a clear view of the future in order to enter their capital into long-term plans. The unpredictable will definitely hurt production.
Agamiri noted: Issues such as those that emerged in the foreign exchange market last year led to the formation of a rent-seeking and profit-sharing framework and reduced economic transparency, which created problems for investors and producers. For the boom of production, the country's economy must move towards transparency and equity, and this is an important need for the country's economy.
According to ISNA, the government has announced that under sanctions, it will do its utmost to defend the country's production activities to expand the country's non-oil export market in addition to meeting domestic needs.
The latest statistics show that Iran's non-oil exports grew by 5% in the first seven months of this year.
* ISNA
