Economy Minister outlines requirements for developing non-oil exports

Massoud Karbassian, Minister of Economic Affairs and Finance of Iran, outlined the requirements for developing non-oil exports in a memorandum.

On the occasion of the National Export Day, Karbassian wrote in a memorandum for the Special Edition of the Export Confederation of Iran:

Economic development in the new era is not possible regardless of the importance of exports. All advanced economies have achieved their most important achievements with an endogenous and outsourcing strategy. Creating value added, creating jobs, and achieving high and stable rates of economic growth are possible when our firms can conquer world markets with their goods. Such a strategy in developing economies such as Iran is not only a logical but inevitable model, especially because today the importance of exports for the Iranian economy can be examined and analyzed from a number of dimensions.

As mentioned in the slogan of the year by the Supreme Leader, job creation is the prime and major priority of the country. Creating jobs requires both investment and production prosperity. Both will come when the wheel of the economy turns around and the producer can do business and gain money with access to finance as well as stability in the macroeconomic environment and the possibility of long-term planning.

In this direction, the development of strategic export is decisive. Exports bring order to the Iranian economy. The creation of new and transnational markets will increase the incentive for production, and by expediting and facilitating more exports, that will lead to the creation of currencies, suitable capacities will be provided for investment. Indeed, increasing exports is one of the most important ways of cheap financing for the development of production capacities in the country.

Powerful economies make the target countries dependent as much as possible. When a country needs a product, it definitely defines its policies and behavior with respect to this need. Therefore, the logic of export of goods is considered to be a practice in the guise of diplomatic behavior.

Today, the world cannot ignore the Iranian economy and it is that the hostile behavior of the US government does not lead to a consensus against Iran. Therefore, according to the principles governing the foreign policy of the country, although we do not seek to make any country dependent on our goods, the creation of our common interests will be a factor in reducing the conflict and guaranteeing our security.

But there are also requirements for the development of exports. A: Improving the business environment: Good production in a desirable environment and place. Iran's productions for export should have two advantages in terms of quality and competitive prices. These advantages are created when the business environment and the country provide a suitable platform for the production and attraction of investment.

So, with the goal of expanding exports, we have to move towards facilitating the business environment. Eliminating barriers to production and supporting businesses with a cost-cutting approach that allows international competition can certainly be an evolution.

B. Competitiveness and Transparency: Optimal production occurs in a dynamic and competitive economy. For this reason, corruption must be removed from the Iranian economy. This is a practical step towards export-oriented production.

But why we should hope to export more than the past? Today, the Resistance Economy is our scientific and operational model. It is a pattern that accurately specifies the path. The practice of this model means moving on the path of real privatization, deregulation, attracting domestic and foreign investment, and structural reforms in the Iranian economy.

So today, the need is defined and the tool is provided. The government should facilitate conditions, reduce intervention and create production opportunities with the aim of exporting to the 400 million people market in the region. Using modern tools and inherent potentialities of the country, the private sector can export competitive goods to regional and global markets.

We should not forget that exporting and creating value added for the country will make a better tomorrow for this land.