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FinancialNews
29-06-20
Support enclose for non-oil exports prepared for completion
(MENAFN) On Sunday June 28 IRNA accounted in a quote of the head of the country's Trade Promotion Organization (TPO) that Es'haq Jahangiri Iranian First Vice President has initiated that relative associations and administrative bodies to put into practice the government's support enclose for endorsing non-oil exports in the present Iranian agenda year (began on March 20).
Hamid Zadboum stated that this year's support package contains reserves from the National Development Fund (NDF) amounting at 20 trillion rials (about 476 million USD), in addition to reserves supplied in the year's funds bill amounting at 6 trillion rials (about 143 million USD) plus part of the profits from export duties and the boost in the Export Guarantee Fund (EGF)'s assets that was up to 100 million Euros.
Zadboum articulated that expect that by allocating the above-mentioned reserves, achieving the prearranged goals for the growth of non-oil exports in the present agenda year will be eased.
Hossein Modares Khiabani the acting minister of Industry, Mining, and Trade stated back in May that growing non-oil export to the adjacent countries is one of the main plans that the Iranian government is pursuing in the present year.
MENAFN2906202000450000ID1100401146
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