Many markets are forbidden to us

Many markets are forbidden to us
  • 2019-12-08
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Chairman of the Iran-China Chamber of Commerce: The government should not focus solely on raising revenues through tax or non-oil exports, and should seek to cut spending in this economic bottleneck.

According to Iran's International Stone Exhibition, Majid Reza Hariri said about the growth of non-oil exports to offset the decline in oil revenues: Potential non-oil exports have the potential to double the current value, but it is difficult to implement in the current situation. Our exports have two major problems, firstly, seventy or eighty percent of our non-oil exports are owned by large corporations that are government or private, and these companies have their own management defects and export problems.

The second problem is that exports generally require good international relations, for the same reason that we cannot sell oil again. Being in the markets will be hard for us.

But the head of the Iran-China Chamber of Commerce said: "But we must not forget that progress in non-oil exports is not impossible, but it is not a one-year job to look for a breakthrough. Because of the limitations that exist, many markets are forbidden to us. When we talk about fifteen neighboring countries, we do not have good political relations with most of the countries with high purchasing power in the south of the Persian Gulf. So we have to move towards de-stressing so that these markets are available to us.

The economist, however, said that we need to change our minds in the production sector, but the country's production must be export-oriented, focusing instead on cross-border, to increase production efficiency and quality. Find out. Of course, the government should not just focus on raising revenues through taxation or non-oil exports, and should seek to cut spending in this economic strait.

* Ilna