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May 24th
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‘Production of items banned by sanctions high on agenda’

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‘Production of items banned by sanctions high on agenda’

TEHRAN – Domestically production of items, imports of which are banned due to sanctions is a high priority of the vice presidency for science and technology, the vice president Sourena Sattari announced, IRNA reported on Tuesday.

Industries like drug manufacturing can have a great role in solving problems emerging from sanctions, he said.

He named supporting knowledge-based companies and innovation ecosystem as other programs of the vice presidency.

The knowledge-based companies are active in 30 to 40 kinds of ecosystems, which should be supported by the development funds and banks, he said.

The vice presidency supports research centers, state-run universities and private sector, which have a great role in innovation ecosystem.

In mid-April, Sattari announced that the number of knowledge-based companies were 3,000 ones during the Iranian calendar year 1395 (March 2016-March 2017), it increased to 3,338 ones during the Iranian calendar year 1396 (March 2017-March 2018).

Knowledge-based companies exported $450 million of products in the previous Iranian calendar year 1397, which ended on March 20, he announced.

Sattari said that the knowledge-based companies sold 900 trillion rials (about $21 billion) of products during the past year.

Meanwhile, the vice presidency announced that Iranian knowledge-based companies have created job opportunities for 140,000 applicants until the end of the Iranian calendar year 1397 (March 20, 2019).



Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

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One of the most important things to remember is that Iranians aren’t Arabs, they’re Persian. They speak Farsi (and other dialects), not Arabic, and some people might feel offended if you great them with Arabic words.
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