IP- Iran's Deputy Minister of Economy, and the head of the Islamic Republic of Iran Customs Administration (IRICA) Mohammad Rezvani-Far, highlighted the remarkable growth in foreign trade and transit volumes during a ceremony at the Mobarakeh Steel Company in Esfahan.

Iran Press/Iran news: The country's knowledge-based companies have exceeded $2.5 billion in export revenue, with an average export value per company standing at around $600.

Rezvani-Far emphasized the significant growth in foreign trade, with volumes increasing by 54% from 2020 to 2023. Transit volumes also saw a substantial rise, growing from 11.5 million tons to 17.8 million tons during the same period. Revenues experienced a notable escalation, rising from 26 thousand billion tomans in 2020 to surpass 256 thousand billion tomans by 2023.The head of customs emphasized the need for customs to support economic activists, increase revenues, and enhance infrastructure. He instructed the Minister of Economy to revamp foreign trade facilitations with a focus on manufacturing and knowledge-based companies.

Rezvani-Far highlighted the aid package for knowledge-based companies, which includes measures in software and the use of new infrastructure. He also mentioned the investment in X-ray machines, stating that 50% of all X-ray machines installed in the last 20 years were installed in the customs during the 13th administration.

The Deputy Minister of Economy attributed the customs reforms and aid packages for knowledge-based companies to their exports surpassing $2.5 billion, with the average export value per company being around $600.

This achievement underscores the importance of customs reforms and support for knowledge-based companies in driving economic growth.