Two measures needed for export development

Two measures needed for export development
  • 2019-12-30
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"The export guarantee fund does not cover all exporters' risks in the current situation," said one economic activist, pointing out that the first step in export development was resolving banking relations with the world.

According to Iran's International Stone Exhibition, Farshad Eshsham on export development and government measures to increase non-oil exports said: "The first step to expand exports in the current situation is banking problems and communication with the world, as long as the trader is in transit. Money is a problem, business is hard to do.

He called the second step in the development of trade support for the exporter and said that export support should not be in the form of slogans and words, but in practice the government's actions should be changed in light of sanctions and threats. It is true that the Export Guarantee Fund covers exporters' risks, but the main problem for exporters is money transfers and therefore they need more support from the Fund.

The economist pointed out that in the current situation, exporters face a lot of risks and need more support in trade in order to gain the courage and daring. Currently market risks are unpredictable and protection laws must be adjusted based on current sanctions and threats and the market will need to expire in order for the exporter to enter a stable market.

Etesham continued: Exports of currency resulting from export and currency liabilities intended for exporters also have drawbacks and the exporter is virtually unable to do so and more diversified methods of export currency should be considered. When they announce only a few methods of returning to the currency, they find it difficult to deal with current conditions.

He emphasized that the key to returning the export currency is to enter the economic cycle, saying: "Accordingly, the trader should be allowed to export his currency in any way he can to his currency. The cycle of injecting the economy, not having to use a few specific methods.

In the end, the economic activist emphasized: export laws should be changed in favor of the exporter and based on the target market, and export documents should be accepted in any way possible for the return of the currency in order to alleviate the problems facing the exporter and ensure government support. Be it.

* Tasnim