Monday, January 20, 2025
HomeIran NewsEconomyIran's non-oil commerce rose 18% in 9 months to December

Iran’s non-oil commerce rose 18% in 9 months to December



In an interview, Dehgan Dehnabi highlighted measures to facilitate merchants’ trade remittances, saying that Iran has adopted numerous instruments tailor-made to its buying and selling companions, akin to bilateral commerce utilizing native currencies. mentioned.

“Iran’s non-oil exports elevated by 18% within the first 9 months of this yr in comparison with the identical interval final yr, and the commerce progress pattern is anticipated to be maintained till the tip of the yr, rising by 18%,” he mentioned. I did.

The TPO chief revealed that negotiations are persevering with with a number of international locations to streamline foreign money transfers, with the Central Bank of Iran enjoying a central position.

He mentioned Iran has already signed agreements with a number of international locations to conduct commerce utilizing native currencies, easing stress on merchants and guaranteeing smoother transactions.

Dehgan Dehnabi additionally talked about measures to cut back dangers for Iranian exporters getting into goal markets, particularly Russia.

“A $2 billion mortgage facility has been set as much as cowl the dangers of Iranian businessmen. I’ve set it up.”

Iran has confronted in depth financial sanctions lately, significantly concentrating on its oil exports. This has led the nation to give attention to strengthening non-oil commerce and discover different monetary mechanisms and new markets.

SD/



Source hyperlink

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular