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

Pro-Palestine students set up encampments at UK universities

Pro-Palestine students at campuses across the United Kingdom have set up encampments demanding that their…

13 hours ago

Israel threatens to retaliate against Palestine if ICC issues arrest warrants: Report

Tel Aviv has threatened that it will retaliate against the Palestinian Authority (PA) if the…

13 hours ago

1k Gaza workers in Israel ‘remain missing’: Palestinian rights groups

Palestinian human rights organisations have reported that there is no information available about 1,000 workers…

14 hours ago

Ukrainian FM accuses US of insufficient support amid Russia attacks

Western nations are lagging behind Russia in their endeavours to step up defense production, leading…

14 hours ago

Kremlin: US claims over Russia’s engagement in banned warfare against Ukraine baseless

Kremlin spokesman Dmitry Peskov has rejected claims by Washington that Moscow has engaged in chemical…

15 hours ago

Over 150 residential, commercial units burned down in massive fire in Iran’s Gilan

A fire incident early on Thursday ravaged at least 150 residential and commercial units in…

15 hours ago