The president of Iran Chamber of Commerce said on Sunday that the reactivation of the “snapback” sanctions would not significantly alter the country’s business environment, despite the challenges it may bring.
Iran’s top security official says Tehran is not opposed to negotiations if they serve the country’s interests, while criticizing Western powers of breaking their promises in past talks.
Veteran Iranian industrialists have urged the government to focus on improving international relations and attracting foreign investment as key steps toward economic recovery.
Iran’s First Vice President, Mohammadreza Aref, has commended the country’s private sector for its consistent support of the government and the people, particularly highlighting its role in the distribution of essential goods during the 12-day Israeli invasion in June.
The Iranian government is committed to supporting the private sector through policy-making and infrastructure development, government spokesperson said on Friday, pledging to address national-level challenges faced by businesses.
The president of Iran Chamber of Commerce has said the country’s building materials industry has significant potential for job creation and foreign currency earnings, as most raw materials are sourced domestically.
The president of Iran Chamber of Commerce says that Iranian-made construction materials meet international standards and are competitive in global markets, but export growth has been constrained by sanctions and other restrictions.
Iran’s Minister of Industry, Mine and Trade has reiterated the government’s commitment to supporting small and medium-sized enterprises (SMEs), stating that all industrial loan facilities this year are exclusively designated for them.
Iran’s tax revenues rose by more than half in the calendar year to late March amid efforts by the government to diversify the economy and reduce its dependence on oil exports.
The Newly appointed economy minister said his top priority is to strengthen the country’s real private sector and expand public participation in the economy.