Private sector has welcomed the approval of legislation paving the way for Iran’s membership in the Financial Action Task Force (FATF), stressing that the move will boost foreign trade and strengthen Tehran’s role in blocs such as BRICS and the Shanghai Cooperation Organization.
A senior adviser to Supreme Leader of the Islamic Revolution says the country needs greater involvement from the private sector to overcome economic challenges and counter pressure from the United States.
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.
The president of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), Samad Hassanzadeh, left for Jordan on Saturday to attend the 39th board meeting of the Islamic Chamber of Commerce and Development.
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 president of Iran Chamber of Commerce has called for active diplomacy to prevent the possible reimposition of United Nations sanctions, warning that any return of restrictions would deliver a shock to the country’s fragile economy.
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 head of Iran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the resumption of direct talks between Tehran and the Financial Action Task Force (FATF) after six years, calling it a “ray of hope” for the country’s private sector.
Iran Chamber of Commerce, Industries, Mines, and Agriculture is drafting a foreign trade program that will set the body’s priorities once approved by its board, the chamber’s vice president, Qadir Qiafeh, said on Tuesday.