The $ 1 billion negative trade balance between Iran and the UK

The $ 1 billion negative trade balance between Iran and the UK
  • 2020-01-21
  • .
Head of the Iran-UK Chamber of Commerce: It is a misconception that in a centralized economy and a state-run economy we can run programs by applying certain laws on free economies. Because these programs will do the opposite. As long as our economy is a grammar, all parts of it must be grammatical, one cannot be free and the other grammatical.

In response to a question about the impact of recent events on trade between Iran and the United Kingdom, economist and economic analyst Amiroushang Amini said: "Previously, trade was difficult, especially in money transfers. And now there is no change. In spite of these sanctions, small and medium-sized British companies associated with Iranian companies have maintained their relationship with Iranian companies, working directly and indirectly with Iranian companies.

He said: According to statistics released by Customs last year, we had about $ 1.5 billion direct imports from the UK, albeit indirectly, via the United Arab Emirates and Turkey and elsewhere. Is average. While Iran's exports to the UK last year amounted to nearly $ 30 million, which indicates a negative trade balance close to Iran's imports from the UK, the trend is unlikely to change over the past ten months.

The Chairman of the Iran-UK Chamber of Commerce, referring to issuing visas for Iranian citizens to travel to the United Kingdom, said: "In the present situation, member companies of the Chamber have no problem visas, although with the increase in flight costs and the decrease in the number of flights to a large extent this problem. Has been.

As one of the economic experts, pointing out the importance of export development in the economic development of countries, he said: "Although the economic development of any country depends on the development of export and foreign trade of that country and that is why all countries are looking to expand their exports. But in tough conditions, with human resources, diverse climates, and a vast expanse of land, we can overcome the problems if we have well-managed economic management for years without outside contact.

"Of course, it would be a misconception to think that in a centralized, state-run economy we would be able to run programs by applying certain rules of free economics," he said. Because these programs will give the opposite result. As long as our economy is a grammar, all parts of it must be grammatical, one cannot be free and the other grammatical.

* Ilna