Domestic Economy

Iran’s Trade Landscape in Next Fiscal Year

Iran’s Trade Landscape in Next Fiscal YearIran’s Trade Landscape in Next Fiscal Year

Iran’s foreign trade is struggling to cope with political and economic challenges, as well as the deteriorating economic situation caused by US sanctions, special commercial circumstances and mounting operating costs, to drive down overall spending. 
In a write-up for the Persian-language daily Donya-e-Eqtesad, Hossein Salahvarzi, deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture, has provided an outlook of the country’s trade next year. Excerpts follow:
Governments know that in order to maintain a balance in the economy, they need to generate more foreign currency than they spend. This was the highlight of businesses’ activities in the current year. 
Foreign trade has been upgraded from an insignificant phenomenon in the past years to the main, crucial variable of Iran’s economy these days.


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