Boosting of domestic production and manufacturing is feasible: Iran Minister
Tehran (IP) - Iran's Minister of Industry, Mines, and Trade said that despite financial problems, domestic production and manufacturing can be boosted if resources are allocated optimally.
Iran Press/Iran news: Reza Rahmani said in a speech on Saturday that domestic manufacturing and production boosting is feasible through activating potentials, removing impasses to reach self-sufficiency, and managing imports.
Rahmani referred to the Islamic Revolution Leader's remarks that somewhere economic justification is not the first criterion but it is the independence that is of the highest priority.
He noted that compared to last year, imports of consumer goods declined 31 percent, adding that 1600 goods were banned for import in support of domestic production.
The minister said that domestically produced goods generally finished 50 percent below their final price of imported counterparts.
He added that the countries' capabilities in different areas, from metals to textiles and petrochemical areas, surpass their needs.
The areas of economic dependence are also being built with Khatam Al-Anbia's construction headquarter, the Iranian minister noted.
He made the remarks at Iran's Technical and Engineering Capabilities Exhibition set up by
Khatam Al-Anbia construction headquarter held on Saturday in Tehran, Iran's capital.