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Iran's private sector has a small share in key industries

Head of Iran`s Chamber of Commerce, Industries and Mines (ICCIM), Seyed Ali-Naqi Khamoushi, Wednesday said that the private sector`s share in key industries is limited, IRNA reported from Tehran.

He told IRNA that ICCIM should encourage the private industry to venture making advantageous investments in petrochemical and downstream oil industries.

Khamousi was reelected chairman of Iran`s Chamber of Commerce, Industries and Mines (ICCIM) for the fifth consecutive term on Tuesday in a campus election by 95 out of 179 votes cast.

Turning to current difficulties facing the private sector in having a share in the economic affairs, he reiterated that to achieve a dynamic economy in the country, it needs to be modernized. "To develop the economic sector, ICCIM should prompt non-Iranian and Iranian expatriate investors to make investments in Iran," he added.

He said that job creation as well as development of small and medium industries will be among the priorities of ICCIM`s future plans.

Khamoushi noted that the measures so far taken with respect to employment are insufficient and stressed that ICCIM should take serious steps to the effect, given that several active economists and experts from the private sector are members of the chamber. The official noted that establishment of small and medium industries on a large scale is one way to solve the crisis of unemployment.

"Turning to foreign relations and the political pressures imposed on Iran by the US, which is mainly aimed at preventing the country from becoming a member of the World Trade Organization (WTO), he said that Iran should pave the way for becoming a WTO member by signing bilateral and multilateral contracts as well as free trade agreements," he added.

Concerning his reelection, he said that it was held in a sincere and favorable atmosphere and was attended by the majority of representatives of Tehran chamber, the chambers of various cities and the associated organizations.

"The presence of representatives of the industrial sector and two members of the board of directors of Tehran Chamber of Commerce in ICCIM marks the prospect of close cooperation between the two chambers," he added.

He pointed out that development of Iran`s economy and backing the private sector and prompting it into taking a greater share in the economic affairs is one of the main objectives of ICCIM. Khamoushi hoped that along with the new board of directors he will manage to materialize the economic expectations of the country.

Minister hopes for more share of cooperatives in 4th plan`s laws

Minister of Cooperatives Ali Sufi said in Tehran on Wednesday that just two out of 15 economic pivots of the Fourth Five-Year Economic Development Plan (2005-10) are related to cooperatives and to the need to strengthen the sector`s role in national economy, IRNA reported.

Sufi in an interview with IRNA hoped that presence of experts from the Cooperatives sector in the headquarters in charge of drafting the fourth plan`s law would upgrade the sector`s role in national economy and remove ambiguities surrounding the related laws.

He said the Third Plan had fallen short of giving a stronger role to the cooperatives sector in national economy and the pertinent laws in the period were all ambiguous.

He added that 44 parts of the fourth plan have so far been approved by the fourth plan headquarters.

... Payvand News - 8/20/03 ... --

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