The lifting of sanctions takes us back to the international community
Vice President of the Money and Capital Markets Commission of the Chamber of Commerce: Despite the sanctions, the country's non-oil exports will have limited customers because not all countries may be willing to work with us, and oil exports are difficult. In the case of imports, the required goods must be supplied from certain sellers. In general, bargaining power for sales and purchases decreases.
According to the International Iranian Stone Exhibition, Abbas Argon said about the impact of the possible lifting of sanctions on the country's economy: "One of the important factors affecting our economy is the issue of sanctions, which has made communication difficult and the supply of raw materials and goods." It has challenged the needs of the country. Oil exports are also not happening as they should and have run into problems that have reduced government revenues. In addition, the issue of money transfer costs imposed on the country is also an important issue.
He added: "Despite the sanctions, the country's non-oil exports will have limited customers, because not all countries may be willing to work with us, and oil exports are difficult." In the case of imports, the required goods must be supplied from certain sellers. In general, bargaining power for sales and purchases decreases.
"On the other hand, it is difficult to access the country's resources abroad," Argon said, referring to foreign exchange resources abroad. We saw that the country was facing obstacles to access its resources, even to buy medicine.
A member of the Tehran Chamber of Commerce delegation further stated: It can be said that all these issues are related to sanctions. If sanctions are lifted, the country can return to the international community and engage with more countries. Commercial risks are reduced.
Emphasizing the impact of internal factors, he said: Of course, it should not be said that the country's economic problems are only due to sanctions. Part of it has to do with domestic issues that need to be reformed and the infrastructure for interaction with the world provided at the same time. In addition to active diplomacy in foreign trade, action must be taken in the field of domestic affairs.
Argon also added: "Considering the naming of the year and the issue of removing obstacles and support, this issue is also very effective." Barriers to productive sectors must be removed so that individuals can work better in productive sectors, divert resources and liquidity to these sectors, and move intermediate sectors that do not have a major impact on employment and economic growth to the real sector of the economy. . We hope that the negotiations will lead to the lifting of sanctions so that we can have more openings in our economic spheres.
In response to a question about the reasons for the significant decline in exports since 2011, he said: "The main reason for the decline in our foreign trade is sanctions." In the last year and a half, the corona issue has also been effective in this regard. Because sanctions impose so many restrictions, a lack of active diplomacy may also play a role. Another effective factor is the lack of attention to the export of non-oil goods as well as export-oriented products.
The deputy chairman of the Money and Capital Markets Commission of the Chamber of Commerce noted: "These factors, if any, can improve our country's foreign trade." During this period, when the sanctions had a great impact on oil exports, the country's foreign exchange resources were affected. On the other hand, import management was done, considering that part of the raw materials of our export goods are imported, reducing the import of these goods will also lead to a decrease in exports. Therefore, the main reasons for the decline in the country's exports are sanctions, the spread of Coronavirus, domestic policy and lack of active economic diplomacy.
Referring to the ways forward for the country to prevent similar events in previous years, he said: "As much as we can link the country's economy to the global economy, in the first step sanctions are difficult to happen because the interests of countries are involved and in the next step It will have less impact. The more we can get the country off the island and into the global economy, the fewer sanctions we will have.
