Sci & Tech

Iran: Tech Export Prospects Brighten

Local tech-based firms have earned 1quadrillion rials ($7.4 billion) from the export of innovative products since March 2019, which experts believe will have a fivefold jump in the near future
Iran: Tech Export Prospects Brighten
Iran: Tech Export Prospects Brighten

Iranian knowledge-based companies and tech firms have earned 1 quadrillion rials ($7.4 billion) from the export of technological products in the first half of the current Iranian year (started March 2019), a member of Expediency Council said.
Mohammad Hossein Saffar-Harandi added that the income has been on an upward trajectory over the past several years, increasing from 600 trillion rials ($4.4 billion) in the year ending March 2018 to 900 trillion rials ($6.7 billion) last year, YJC reported.
"Given the domestic potential and the enthusiasm of tech teams, exports will soon reach 5 quadrillion rials [$37.3 billion] and it is not a farfetched goal," Harandi said.
“The figures prove that the solution to economic hardships facing Iran today can be found inside and not outside the country.”


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