Export currency must be purchased above the free market currency price

According to INPIA, in the first part of the meeting, the issue of discharge of foreign exchange obligations of exporters was raised and in this regard, it was said that the Central Bank has agreed on the year 1998 to introduce exporters to the Tax Affairs Organization with an 80% increase in foreign exchange obligations.

Meanwhile, for the year 1999, the central bank continues to insist on its instructions and obliges exporters to return 100% of the currency.

Regarding the problem of high commissions collected from exchange offices by exporters, it was raised that this issue is being followed up by the Export Confederation of Iran and exporters were asked to report violations by exchange offices so that this issue can be followed up. To take.

Also, another issue that was raised was that some tax organizations in the provinces prevent the refund of VAT, and this issue will be followed up by the above authorities.

The meeting was followed by reports on the export opportunities of polymer materials to Kyrgyzstan and Georgia so that activists in the field can take advantage of these opportunities.

The National Association can play an effective role in the export of polymer materials

In another part of the meeting, Jamshid Nafar, Chairman of the Export Commission of the Iranian Chamber of Commerce, pointing out that the National Association of Iranian Polymer Industries can play an effective role in the export of polymer materials, said: During it, we were able to convince the authorities that the export currency should not be cheaper than the free market currency.

“We are in a situation where exports are the only way to save us from economic problems,” he said.

Export currency must be purchased above the free market currency price

“Officials must accept that if exports and export currency are one value, why should the exporter sell it at a lower price than the market?” Export currency, on the other hand, must be bought above the free amount to encourage companies to export.
He pointed out that the amount announced by government institutions for the export currency that is returned is not acceptable, he said: the wrong letter section has created disposable exporters.

The head of the Export Commission of the Iranian Chamber of Commerce added: “The cost of returning the currency to exporters is something between 4 and 12 percent, and exporters should be encouraged to the average of this number, ie 8 percent.”

Nafar further stated: If this happened, the burden of foreign exchange liability would be removed from the central bank and the private sector could solve the country’s currency problems with significant exports.

The central bank ignores the possibility of temporary entry

The head of the Export Commission of the Iranian Chamber of Commerce also said about the temporary entry: the Central Bank is not paying attention to this important issue, ie the temporary entry, which can be an opportunity in the current situation of the country.

Noting that the issue of temporary entry is being pursued by the Chamber of Commerce, he added: “The Dialogue Council and the Foreign Exchange Committee of the Chamber of Commerce are pursuing this issue and we hope that the problems of temporary entry will be resolved.”

15% decrease in the export value of polymer raw materials against a 12% increase in export weight

Also in the continuation of this meeting, Ms. Behnaz Kamousi, director of the polymer department of the Trade Development Organization, regarding the export status of polymer raw materials, said: “In 1998, the amount of exports shows a 15% decrease in value and a 12% increase in weight compared to 1997.”

Regarding the export of plastic products, Kamousi said: “Exports of plastic and polymer products have also decreased in value and weight this year.”

He also concluded that the use of plastic products as packaging and parts used in other goods are not mentioned in the statistics.

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