As Iran looks to boost production, major political barriers remain
Iran’s leaders have put a renewed focus on increasing domestic production, yet to achieve this goal there must be political stability and sincere efforts to push back on corruption.
Traditionally, Iranian Supreme Leader Ayatollah Ali Khamenei uses his Nowruz speech to produce a slogan for the upcoming year. In his March 20 speech he presented the following objective for the new Iranian year: “Support production and remove barriers to domestic production.”
In line with this objective, the Ministry of Industry, Mining and Trade conducted a survey of industrialists to identify the existing challenges for Iranian manufacturing companies. As Iran works to boost production, a close look at the actual impediments involved can offer insight on what needs to be addressed to pave the way for the domestic industry to flourish.
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