Call for More Support for Agro, Processing Industries
Economy, Domestic Economy

Call for More Support for Agro, Processing Industries

Agriculture and processing industries together account for 10% of Iran’s GDP, but only less than $60 million is going to be allocated to these sectors as subsidy and facility by the government, says head of the Producers and Exporters of Industrial Bread Union. Referring to high prices in Iran, which undermine the competitiveness of domestic industries, Kaveh Zargaran called on the government to provide these sectors with more support. “In these sectors, demand is very high, but we cannot increase our exports due to obstacles, such as transportation and money transfer problems,” he was quoted as saying by ISNA.  Zargaran expressed optimism that the issues will be solved after the lifting of sanctions against Iran.

Short URL : http://goo.gl/jEkASB
  1. http://goo.gl/EtH485
  • http://goo.gl/ZZCLQH
  • http://goo.gl/KM4l0R
  • http://goo.gl/jh4wt4
  • http://goo.gl/pZ2XTP

You can also read ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...