TPO stresses using knowledge-based methods in trade
During a visit to industrial and knowledge-based production units of Fars province on Saturday, Head of Trade Promotion Organization (TPO) Alireza Peyman-Pak emphasized the need to use knowledge-based methods in trade and production.
“Traditional methods of trade should be modified and efforts should be made to open new markets, this will become an engine for the development of the industries of the country’s provinces,” the official said.
As the TPO portal reported, Peyman-Pak also stressed the need to complete the production chain in manufacturing units to prevent selling raw materials.
Referring to the remarks of Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei regarding the completion of the value chain of various products, the TPO head said: “The leader has repeatedly emphasized preventing the sale of raw materials.”
According to the official, the best way to have a complete value chain of a product is to establish specialized industrial parks for certain sectors, like the steel industry.
He stated that the export of raw materials should be prevented in order to be able to use the added value resulting from the completion of the value chain to develop the industries.
“With the formation of a specialized steel industrial park and the completion of the steel value chain, we can have a model for other industries to follow,” he added.
Emphasizing the importance of downstream industries, Peyman-Pak noted that by completing the value chain of products, including steel, the import of many other products will also be prevented.
The official further mentioned TPO’s new incentives for the country’s exporters, saying that the incentives have been moved in a direction to be more effective.
“The processes of issuing insurance policies, export guarantees and providing legal services as well as other matters in this regard will lead to a more effective process,” he said.
Source: Tehran Times
Top News
Australia’s CEFC invests $75m in homegrown critical minerals
Glencore in talks to sell Philippine copper smelting unit
BHP seeks Brazil growth to emerge from shadow of mining disaster
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Iron ore posts weekly gain as investors assess fresh Beijing stimulus
Norge Mining acquires Europe’s largest natural graphite producer
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Arcadium Lithium investors sue miner over Rio Tinto takeover
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Arcadium Lithium investors sue miner over Rio Tinto takeover
Skeena advances Eskay Creek permitting, unlocks Orion funding
