What is the main priority of manufacturers?

What is the main priority of manufacturers?
  • 2020-05-17
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The head of the Iranian Export Confederation says that while Corona has affected the economies of many countries around the world, it is important for the Iranian economy to keep production units active.

According to the Iran International Stone Exhibition, Mohammad Lahouti stated: "As it could be examined before, due to the outbreak of the coronavirus, along with low-income groups and small business owners, producers are also facing serious damage." This is because on the one hand, the domestic market for sales is limited in some goods, and on the other hand, the possibility of export is reduced due to traffic restrictions.

He said that today all countries in the world are affected by the economic consequences of this virus, adding that Iran's economy should be analyzed according to its specific situation. In recent weeks, despite the pressure on manufacturers, many have tried to maintain their activity and existing capacity.

The head of the Iranian Export Confederation continued: "What is the main priority of production units in the current situation is the timely supply of raw materials." Due to the expansion of Corona, traffic at the borders has decreased, making it difficult to transport raw materials to some factories in a timely manner, which in the long run will lead to reduced exports.

According to Lahouti, providing the currency needed to supply these raw materials is one of the concerns faced by producers, and the risk that production units will not be able to access raw materials on time is the main issue that Iran's economy should pay attention to. Slow down.

According to the report, yesterday, the street teacher, head of the Ministry of Industry, announced that with the coordination of the Central Bank, it will be possible to import raw materials from factories without the need to transfer currency. This issue, although not yet finalized, has provoked a positive response from a number of economic actors. Another group believes that it would be unprofessional to leave the discretion of the companies to the central bank.

* ISNA