Iran to establish higher council to develop non-oil exports:

Date of publish: 7/21/2014


    TEHRAN – The Iranian cabinet has approved a proposal made by the Ministry of Industry, Mining, and Trade to establish a higher council tasked with the development of non-oil exports, the IRNA news agency reported on Thursday.

President Hassan Rouhani or his first deputy will chair the council, according to the report.

The ministers of industry, mining, and trade; transport and urban development; finance and economic affairs; agriculture; foreign affairs; communications and information technology; cooperatives; labor and social welfare; energy; and oil; as well as the interior minister will be other members of the council.

The vice president for planning and strategic supervision; the vice president for scientific and technological affairs; the director of the Cultural Heritage, Tourism, and Handicrafts Organization; the governor of the Central Bank of Iran; the director of Iran Customs Administration; the chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture; and the director of the Trade Promotion Organization of Iran, will be also members of the council.

Iran’s non-oil exports witnessed nearly half-a-percent growth in the previous Iranian calendar year, which ended on March 20.

According to a report released by Iran Customs Administration on April 3, the value of Iran’s non-oil exports, including gas condensates, reached $41.628 billion, showing a total rise of 0.43 percent.

The growth in Iran’s exports took place mainly during the later months of the previous year.

Iran’s major exported products included liquefied propane, pitch and methanol with the country’s key export destinations being China, Iraq, the United Arab Emirates (UAE), India, and Afghanistan.