Higher Exports Critical for Boosting Economic Growth

Domestic companies need to become export-oriented to help develop the economy, the head of Iran Electricity Industry Syndicate said on Wednesday.
“The quality of locally-manufactured products will not improve unless they enter international markets, but sanctions and political issues have put the brakes on exports,” Alireza Kolahi was also quoted as saying by ILNA.
Referring to Iran’s automobile industry that has no presence in international markets, he noted that major automakers, Iran Khodro and SAIPA, have never entered global markets so they do not feel obliged to produce quality products and end users have to pay the price for this senseless policy.