2823
Call for Export Diversity
Economy, Domestic Economy

Call for Export Diversity

An official from the Export Guarantee Fund of Iran has sounded the alarm over a rising risk of export concentration, saying the limited number of export destinations could impact the national economy. “About 70 percent of Iran’s total exports is bound for only five countries, including China, Iraq, UAE, Afghanistan and India. This could adversely affect Iran’s foreign trade,” IRNA quoted the EGFI official as saying. Diversifying of export destinations should be seriously taken into account by the government, he said. “Unfortunately, we see such risk concentration also exists in import sector and we should mitigate that by adding the number of target countries.”

Short URL : http://goo.gl/0X9sw3

You can also read ...

Iran Trade Mission Heads for Croatia
An Iranian delegation comprising 30 members of Iran Chamber of...
Twenty-three million tons of garbage are annually produced in Iran and per capita production of municipal solid waste stands at 292 kilograms.
Recycling is a strategic industry, as it generates...
Famous developers will speak at the conference.
The second Iran iOS Developers Conference will be held in...
Gov’t Sole Guarantor of Foreign Finance Deals
Following misleading reports in the media, the Central Bank of...
Cooperatives Minister Ali Rabiei (3rd R) attended a meeting with German entrepreneurs and industrialists in Tehran on Sept. 18.
Two major banks and 10% of Iran’s stock exchange market are...
On-Demand Laundry App Launched
A local startup dubbed ‘Paklean’ has launched a new service...
Solutions for Banking Reforms
The Institute for Trade Studies and Research, affiliated with...
Over 24 Km of Underground Explorations Last Year
Over 24,640 meters of underground mining exploration were...

Trending

Googleplus