Iran

TEHRAN- The value of non-oil export from Kermanshah province, in the west of Iran, increased 17 percent in the first ten months of the existing Iranian fiscal year (March 20, 2024-January 19, 2025), as compared to the same time period in the past year, a provincial official announced.Ali-Asghar Abbaszadeh, the director-general of the provinces Customs Department, stated that 6.511 million tons of non-oil goods valued at $2.853 billion were exported from the province in the ten-month period, also suggesting 10 percent development in regards to weight, year on year.The authorities named tiles and ceramics, fruits and vegetables, constructional stones, dairy products, plastic products and disposable containers as the primary exported items.As previously revealed by the head of the Islamic Republic of Iran Customs Administration (IRICA), Iran's non-oil exports reached approximately $48 billion in the very first 10 months of the present Iranian year, marking an 18 percent increase compared to the very same duration last year.Foroud Asgari said the countrys total foreign trade during this duration amounted to 158.18 million tons, valued at $103.85 billion.Out of this, exports accounted for 127.4 million heaps worth $47.76 billion, reflecting a 12 percent rise in volume and an 18 percent boost in value.China stayed Iran's leading export location with $12.3 billion in imports, followed by Iraq ($10 billion), the United Arab Emirates ($5.9 billion), and Turkey ($5.5 billion).
Throughout the very same period, Iran imported 30.78 million tons of products worth $56 billion, showing a 3.0 percent reduction in volume but a 3.0 percent rise in worth.
Significant imports consisted of $6.3 billion in gold bullion, $2.3 billion in livestock corn, $1.8 billion in smart devices, and $1.6 billion in soybean meal.Asgari stated that the UAE was Iran's leading source of imports with $17 billion, followed by China ($14.4 billion), Turkey ($9.9 billion), and Germany ($1.9 billion).
He likewise noted a sharp increase in car imports, with 41,297 automobiles worth $877 million getting in the country, marking a 709 percent rise in quantity and a 744 percent rise in value compared to the very same period last year.Asgari, who also acts as deputy economy minister, stressed the function of sell bolstering the national economy in the middle of continuous international sanctions.The 11th session of the Supreme Council for the Development of Non-Oil Exports was held after a four-year hiatus, with the involvement of Iran's first vice president on January 1.
In an exclusive interview with IRIB, Alireza Dehghan Dehnavi, head of Iran's Trade Promotion Organization (TPO), highlighted the significance of this council, which had been inactive for nearly 4 years.He kept in mind that the council had played an essential function in national decision-making processes before falling under disuse.Dehnavi explained that the revival of the council was prompted throughout this years National Export Day event, where Masoud Pezeshkian advised its reactivation.With the efforts of the federal government and the assistance of the very first vice president and the minister of industry, mining, and trade, the foundation for the councils return was laid, culminating in its 11th session.The session, chaired by First Vice President Mohammad Reza Aref, brought together all council members to go over pressing trade problems.
The conference concentrated on three primary locations: The council reviewed the analytical performance of the countrys non-oil exports.
Dehnavi acknowledged that Iran's non-oil trade balance has actually been negative recently, with a $17 million deficit tape-recorded last year in spite of a favorable overall trade balance.
The Vice President entrusted the TPOI with reversing this pattern by increasing non-oil exports.The council identified several challenges impeding foreign trade, including extreme guidelines, insufficient infrastructure for exports (such as transport and custom-mades centers), and obstacles in export-related policies.Dehnavi highlighted the need to align monetary and trade policies, as the previous has often eclipsed the latter.
The council fixed to reform trade policies to attend to these issues.Several proposals were approved, consisting of holding routine council sessions and establishing provincial export advancement job forces led by guvs.
These efforts aim to make export promotion an across the country campaign.The council also discussed a tactical roadmap totally free trade zones, aiming to transform these locations into export centers.
The TPO is preparing this document with council support.Additionally, cooperation with the private sector was stressed to identify and implement high-impact export projects.Other topics consisted of reforms in re-exports and short-term imports, with a task force consisting of customs, farming, health, and trade companies formed to streamline procedures.
The pricing of export goods at customs was also disputed, with require an evaluation to improve coordination amongst export-related bodies.The session concluded with strategies to develop specialized commissions to keep continuity between council meetings and ensure effective decision-making in foreign trade.MA





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