Azerbaijan, Baku, Sep.20/ Trend R.Zamanov
Iran plans to lift the ban on exports of certain items by the end of the current Iranian calendar year (March 20, 2014), Deputy Director of the Trade Promotion Organization of Iran, Kioumars Fathollah Kermanshahi said on Friday.
"Currently the limitations on exports only affects 17 items," the ISNA News Agency quoted Fatollah Kermanshahi as saying.
"If the manufacturers buy the raw materials at the free market without receiving foreign currencies from the government, there will be no need to put limitations on their exports," he said.
"We can even lift the ban on exports of some petrochemical products," Kermanshahi added.
He went on to note that Iran's non-oil exports have faced 8 percent decrease in the current year, while the country's imports have also decreased by 26 percent.
Kermanshahi said on September 4 that Iran's foreign trade stood at around $31.5 billion in the first five months of the current year, which started on March 21.
"The country's exports accounted for $15.2 billion of the mentioned amount, which is 8 percent less than the same period of time previous year," the ISNA News Agency quoted Fathollah Kermanshahi as saying.
"Iran's imports also faced 26 percent decrease in the mentioned period," he said.
"The sharp fall in raw materials imports has resulted in such a decrease in the country's total foreign trade," Fathollah Kermanshahi added.
He went on to note that Iran's priority in allocating forex to imports should be the production units' needed raw materials," he said.
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