What was the real reason for the decrease in Iran's exports?

What was the real reason for the decrease in Iran's exports?
  • 2021-01-18
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The vice president of the Iranian Chamber of Commerce says the main reason for the decline in non-oil exports must be found within the country.

According to the International Iranian Stone Exhibition, Hossein Salahvarzi stated: "We have said many times in the past years that the foreign exchange policies put on the agenda by the Central Bank and some other executive institutions are causing problems, and the foreign exchange instructions It leads to the fact that the level of profitability of Iranian goods in international markets and the ability of the Iranian exporter to withstand the pressures will be limited and this issue will be to the detriment of the country's products.

According to him, despite all these warnings, the necessary reforms in foreign exchange policies were not implemented and this had a serious impact on the country's export performance. Of course, in addition to the currency, there must be other managements, multiple and sometimes contradictory sections.

The Vice President of the Iranian Chamber of Commerce also commented on the impact of sanctions and the prevalence of the corona on Iran's exports: Turns. According to government officials, oil exports have declined over the years, and the government has struggled to obtain its sources of revenue. It was non-oil exporters who were able to meet a significant portion of the country's foreign exchange needs.

"Despite banking sanctions and severe restrictions, exporters were able to provide the currency needed by the country, but when some did not bring the currency due to problems and very few abused the conditions, the entire exporting community was spoken to as if it were the same," he said. They are to blame for all their problems and these people have been looking for loot. Such a view will definitely lead to a decrease in interest in exports and activities in these areas.

"Despite our ulterior motives, our predictions about the exchange rate and its impact on exports came true, and today the private sector continues to say that the currency should move toward a single rate," he said on a television program. And government currency has brought nothing to the economy other than rent and corruption, and it is in this context that one can expect the private sector to be able to expand its activities.

* ISNA