14 Nov 2024
Wednesday 29 July 2015 - 17:59
Story Code : 173893

Dont let post-sanction Iran be foreigners paradise: Official

Tehran, July 29, The Iran Project Vice president of Iran Chamber of Commerce, Industries, Mines and Agriculture says one of the challenges in post-sanction conditions is the mismanagement of the blocked money starts flowing into the country, since it will definitely hurt domestic production and provide a proper market for foreign manufacturers.

Referring to the challenges the country is facing in the post-sanction conditions, Vice president of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamreza Shafei said if blocked money starts flowing into the country and oil exports and its revenues increase, the country may turn to a paradise for foreign producers.

Shafei stressed it should not be thought that lifting sanctions can solve all economic problems, saying private sector believes that in case of mismanagement, the country will have much more problems in the future.

He also emphasized on the importance of managing foreign manufacturers delegations that are seeking a new market for their products in the country.
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