The Ministry of Industry does not force semi-government companies

The Ministry of Industry does not force semi-government companies
  • 2020-11-16
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Member of the Board of Representatives of Tehran Chamber of Commerce: That is, the sale of industrial raw materials instead of the stock exchange, which is not offered properly and sometimes is offered at higher prices than the world price; According to the regulations written in the Ministry of Industry, with a discount on export prices and in exchange for domestic LC, it should be offered on credit to the downstream industries of these companies.

According to the International Iranian Stone Exhibition, Alireza Kolahy Samadi stated about the situation of businesses: "In the Industries Commission of the Chamber of Commerce, we had a specific proposal to reduce production problems due to financing constraints and working capital problems, at least reduce prices by ten percent will find.

He added: "Our suggestion is that the government in large companies in the field of steel that affects the home appliances and automobiles sector, non-ferrous metals and petrochemical chemicals such as polyethylene, which affects the packaging costs of people's daily food; Credit sales. Given that these companies use national subsidies in the field of raw materials, gas, water and electricity and have very high profit margins, in return for all the concessions given to them by the national economy, to credit the sale of raw materials in the commodity exchange.

Kolahy Samadi explained: that is, the sale of industrial raw materials (steel, non-ferrous metals, petrochemicals) instead of the stock exchange, which is not offered properly and sometimes is offered at higher prices than the world price; According to the regulations written in the Ministry of Silence, with a discount on export prices and in exchange for domestic LC, it should be offered on credit to the downstream industries of these companies.

He pointed out: "Practically, because these companies can supply their raw materials with better conditions, they increase the production volume and give discounts to create a market for themselves." These discounts ultimately go back to the consumer and benefit the government itself; Because many raw materials are used in construction projects, the cost of construction projects is also reduced.

The member of the delegation of the Tehran Chamber of Commerce said: "A very good export opportunity opens up because the biggest problem of our exporters is the high cost of financing against Turkish and Saudi competitors." If companies can export more, more foreign exchange earnings will enter the country and in general it will have a positive effect on GDP and the people's economy.

He added: "Credit supply of raw materials for the country's industries can strengthen companies, create job opportunities, reduce costs, which in general contribute to the economic situation of consumers."

Kolahy Samadi stated: This proposal has been raised several times, everyone says it is a good idea, but it will be dropped in front of the lobby of the giants. The Ministry of Silence and the Vice President for Economic Affairs must act on what they say is a good idea, but their force does not reach the giants.

* ILNA