Economy, Domestic Economy

Overseas Mining Markets

Overseas Mining MarketsOverseas Mining Markets

A mining official has urged the Iranian private sector to try to obtain a share in the neighboring countries’ mining markets. “The presence of the private sector must be guaranteed in the mining sector of the neighboring countries,” Mohammad Reza Bahraman, vice president of Iran Mine House, said on Monday as reported by IRNA. “It is essential for Iran to seize lucrative markets in Iraq and Afghanistan,” he noted. Sanctions have reduced export value of Iran’s technological and engineering services. The government is urging Iranian private companies to get involved in overseas projects, a policy officials hope will help recover the economy.