Sci & Tech

Knowledge-Based Firms to Boost Exports, Revenues

Knowledge-Based Firms  to Boost Exports, RevenuesKnowledge-Based Firms  to Boost Exports, Revenues

Iran’s Tech Export Services Corridor aims to facilitate the export of products created by knowledge-based firms.

“Local knowledge-based companies that aim to export their products have constantly faced several challenges,” said Hassan Qasemi Yazdabadi, the head of Iran’s Tech Export Services Corridor, affiliated to the Vice Presidency for Science and Technology.

TESC is an export support organization for Iranian high-tech and medium-tech companies. It facilitates the export process for Iranian manufacturers by providing services in the areas of marketing, consultancy and international alliances, Mehr News Agency reported.

“By the end of March 2016, 376 knowledge-based firms had filed 736 requests with TESC, which shows that the model used by TESC for addressing the needs of knowledge-based companies in the area of exports has been productive,” he said.

Qasemi added that most wanted to know how to obtain standard qualifications and international permits, set up pavilions in exhibitions focused on export development and design a website.

He noted that an assessment of the categories in which service requests are registered can clarify the biggest challenges facing the firms.

“With the improvement of the areas mentioned, the level of knowledge-based firms could improve to meet international standards,” he said.

The official noted that TESC assists the firms in obtaining mandatory standard certifications such as GOST and CE.

GOST refers to a set of technical standards maintained by the Euro-Asian Council for Standardization, Metrology and Certification (EASC), a regional standards organization operating under the auspices of the Commonwealth of Independent States.

CE is a mandatory conformity marking for certain products sold within the European Economic Area since 1985.

Qasemi further said obtaining standards certifications eases the legal procedure of locally developed knowledge-based products for entering the international markets.

“It will also boost a sense of trust among foreign customers,” he said.

Aside from obtaining international standards certificates, TESC offers a range of other services. These include consultancy for exports, foreign exchange transfer and transport.

Other notable services offered to knowledge-based firms by TESC are support for setting up pavilions in national and international exhibitions, consultancy services for drafting export plans and helping devise international advertising strategies.

Knowledge-based firms can also consult TESC in areas such as registering patents, international market study reports, industrial design and packaging as well as dispatching local trade delegations or receiving foreign ones.

Qasemi noted that TESC’s range of services have been warmly received by the firms.

Empowering knowledge-based firms at the international level will result in a higher share in exports and revenues for Iran.

Currently, TESC covers over 2,000 high-tech manufacturers in a range of fields such as medicine and pharmaceuticals, medical equipment, nanotechnology products, marine and aerospace products and equipment, ICT products and biotechnology products among many more.

TESC selects producers providing the highest quality products based on Export Readiness Assessment and supports competent manufacturers for export.

The organization certifies the quality of products and reliability of Iranian producers, creating a trustful environment for collaboration between Iranian and foreign companies.