[Iran] - Knowledge-based products export increases over 30%

INSUBCONTINENT EXCLUSIVE:
TEHRAN- The export of Iran's knowledge-based products has actually increased by over 30 percent in the current Iranian calendar year
(started on March 20, 2022), the head of the Center for Science and Technology International Interactions of the Vice Presidency for
science, Technology, and Knowledge-Based Economy announced.Amir-Hossein Mir-Abadi said Iranian knowledge-based items with innovative
innovation are exported to more than 80 countries.He stated that according to the official stats of the Comprehensive Trade System, the
worth of the export of knowledge-based products and products with advanced innovation in the past year was $1.1 billion, which has reached
$1.4 billion with a development of 31 percent this year.As mentioned by Iranian Vice President for Science, Technology and Knowledge-Based
Economy Rouhollah Dehqani Firouzabadi, almost 1,600 knowledge-based business have been registered across the country this year, while the
figure was between 700 and 800 last year.With about 8,000 knowledge-based business active in the country, there is a huge potential in this
area that can make a huge impact on the economy if it is handled correctly, he said.The law for promoting and supporting knowledge-based
business was approved by the Majlis (Iranian parliament) in 2010, paving the way for a jumpstart in the march toward scientific
progress.Accordingly, the Islamic Republic has established strategies to support and empower knowledge-based companies as an advance to
emerge the objective of the year which is Knowledge-based Production and Job Creation as the economy is combating the United States
sanctions.The Iranian banking system paid 584.4 trillion rials (about $1.2 billion) of centers to 1,404 knowledge-based business in the
first half of the present Iranian calendar year (March 21-September 22, 2022), signing up a 100.2 percent increase compared to the exact
same duration last year.Back in April 2022, Iranian Industry, Mining, and Trade Minister Reza Fatemi-Amin said supporting knowledge-based
products was one of the countrys new top priorities in setting foreign trade policies for the present Iranian calendar year.Over the
previous number of years, the number of knowledge-based companies in Iran has increased significantly so that currently over 8,000
knowledge-based business are active in different fields, varying from info and communication technology to health, agriculture, and
energy.Various knowledge-based business have made developments in various fields, nevertheless, the level of development in the fields of
health, ICT, farming, and energy has actually been more obvious
Of course, other sectors such as the automotive industry have actually gotten rid of numerous traffic jams so far.MA/ MA