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Iran Commerce Ministry to launch e-data website

Minister of Commerce Mohammad Shariatmadari said in Tehran on Sunday that an e-data website, designed by his ministry for traders and businessmen, will go on tentative operation in the next one month, IRNA reported.

Shariatmadari said that electronic facilities would cut the expenditures for marketing of Iranian products abroad. He asked banking officials to adopt electronic facilities in order to help solve certain problems in the field of commerce, including e-money exchanges and e-trade.

The minister said a revised version of the state trade law will be in effect next year after ratification of a related bill by the Majlis and government`s consent.

He said his ministry has benefited from views of experts and academicians to compile the bill. He added that his ministry plans to cede part of its affairs to the private sector in a bid to increase Iran`s share in international trade system.

The minister said Commerce Ministry has laid off 7,000 of its personnel over the past few years in line with the policy to downsize government structure. The ministry plans to discharge 3,000 more in maximum one and half years.

He said foreign cars would be imported to replace dilapidated cars. He added that the government is to check price hikes by offering goods and state services to the public at fixed rates and allowing the Central Bank of Iran (CBI) to sell 9,000 billion rials worth of contribution bonds to freeze liquidity.

He said the CBI can intervene in the foreign exchange market to prevent any rise in the rates of hard currencies in coming days. As for Iran`s accession to the World Trade Organization (WTO), Shariatmadari said Iran would benefit from preferential tariffs in export of goods and services if it joints the WTO.

... Payvand News - 9/7/03 ... --

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