IFP Exclusive

Iran’s exports of industrial products up 70%

Iran’s exports of industrial products have increased by 70% during the tenure of Ebrahim Raisi, who took over as Iranian President in August 2022.

Head of the Iranian Trade Promotion Organization Alireza Paymanpak also added that the quality and the packaging process of exported goods have been under close watch, so much so that no exported commodities have been returned due to defects over the past 11 months.

He added Iran’s trade in non-oil commodities has also increased by 30% in the second and third quarters of 2022.

He also touched upon the economic impacts of Iran’s membership in the Shanghai Cooperation Organization (SCO).

Elsewhere in his remarks, Paymanpak said Iran has sent a delegation to Indonesia to discuss preferential tarrifs.

He also noted that barter is one of the alternatives for trade in the West, adding 30% of the world’s trade is currently being done in the form of barter.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Iran strongly condemns Israeli official West Bank annexation comment

Iranian Foreign Ministry Spokesman has strongly condemned an Israeli cabinet minister’s statement regarding the annexation…

9 hours ago

Minister: Iran’s population will decrease to 35 million in over 7 decades

Iran’s interior minister issues a stark warning about the aging population of the country if…

10 hours ago

Iran reeling from murder of heart specialist

Iranians are still reeling from the murder of a heart specialist in the country where…

13 hours ago

Heavy autumn snow blankets Damavand

The first autumn snow has whitened the heights of northeastern Tehran.

13 hours ago

Iran says 4 Israeli-backed terrorists killed, 7 injured in anti-terror operation

An Iranian official has announced that four mercenary terrorists affiliated with the Zionist regime were…

13 hours ago

US says to continue sending arms to Israel despite dire conditions in Gaza

The United States will not change its policy on weapons transfers to Israel even though…

15 hours ago