Cable & Wire   Industry  

TPO hosts specialized desk on promoting cable, wire industry

Director General of Industrial and Mining Products Office at Trade Promotion Organization (TPO) of Iran said the organization hosted a specialized desk for promotion of cable and wire industry, TPO portal reported.

According to Mir-Aboutaleb Badri, the meeting was aimed to assess the industry’s overall condition that is the production, exports, imports and other issues related to the wire and cable industry.

Problems regarding the supply of raw materials, high production costs compared to competitors, high customs fees, lack of export insurance coverage and export guarantee fund in some countries (Syria and Iraq), high shipping prices and lack of transfers by shipping companies under the U.S. sanctions, were some of the issues discussed at the meeting, the official said.

Increasing non-oil export to the neighboring countries is one of the major plans that the Iranian government is pursuing in the current Iranian calendar year (began on March 21, 2019).

Back in August 2019, Deputy Industry, Mining, and Trade Minister Hossein Modares Khiabani said the industry ministry has it on the agenda to increase the value of non-oil exports to Iran’s 15 neighbors up to $50 billion.

In late January, the official announced that TPO is tasked to establish specialized export terminals in certain provinces to facilitate the exports of some commodities.
Iran shares border with fifteen countries, namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia.

Based on the data published by TPO, the value of trade with the neighboring countries stood at over $36.5 billion in the past Iranian calendar year.

News No: 8416
Date: 2020/02/09 - 15:28
News Source: Tehran Times

Trade Promotion Organization  Mir-Aboutaleb Badri  cable wire industry  TPO 


Leave a Comment:


Iran to launch direct shipping line to S. Africa, Latin America

Iran is going to launch a direct shipping line to South Africa and Latin American countries in near future, an official with the Iranian Chamber of Cooperatives (ICC) informed.

Iran’s 7-month export to Syria stands at $73m

Iran exported commodities worth $73 million to Syria during the first seven months of the current Iranian calendar year (March 20-October 21), according to an official with Iran's Trade Promotion Organization (TPO).

Exports to CIS countries hit $692m in H1

Iran exported $692 million worth of commodities to the Commonwealth of Independent States (CIS) during the first six months of the current Iranian year (March 20-September 21), the portal of Trade Promotion Organization (TPO) reported.

Iran planning to boost construction materials export to Africa

Africa with over 50 countries has been experiencing some partial stability over the past years, which has led to elevating the infrastructures and increasing economic activities in this large continent.

15% increase in non-oil exports on agenda for H2

Head of Iran’s Trade Promotion Organization (TPO) said the government is planning to boost the country’s non-oil exports by 15 percent in the second half of the current Iranian calendar year (ends on March 20, 2021).

Iran, Belarus confer on holding 15th joint economic committee meeting

Head of Iran’s Trade Promotion Organization (TPO) and Belarusian deputy industry minister, as representatives of the two countries’ joint economic committee, held online talks to discuss preparation for the 15th meeting of the committee in near future.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners