Economy, Business And Markets

Roadmap to Improve Iran’s Trading Across Borders

Roadmap to Improve Iran’s Trading Across BordersRoadmap to Improve Iran’s Trading Across Borders

As part of its Doing Business project, the World Bank also monitors indices concerning trading across borders and the numbers indicate Iran is not doing well. 
Tehran Chamber of Commerce, Industries, Mines and Agriculture, a leading private sector bastion, has sought to improve that by providing a roadmap in its latest analytical report.
In its report published on its official website, TCCIM begins by noting that the World Bank measures distance to frontier (DTF) or distance of each economy to the best performance observed (100 points) to evaluate countries. 
Iran's trading across borders DTF was 46.11 in 2018, ranking it at 166th. Iran's DTF was far behind the Middle East and North Africa average of 58.07 and behind peers such as the UAE, Oman and Jordan with the latter boasting an 85.93 DTF to give it the rank of 53rd.


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