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May 29th
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Home Technology Iran Tech News Iran to increase tariff on raw minerals: VP Sattari

Iran to increase tariff on raw minerals: VP Sattari

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Iran to increase tariff on raw minerals: VP Sattari

In order to reduce crude-selling of domestically-manufactured products, tariff rates for export of raw minerals will increase by 25 percent effective as of Sept. 22, he added.

Supply of domestic oil in the form of crude has been turned into a weaknesses for the country, he said, adding, “under such circumstances, enemies of the country especially the United State, while focusing on it, imposes financial and economic sanctions against the country.

To realize objectives of all-out economic development in the country, “we have no choice but to prevent crude selling of raw materials,” Sattari emphasized.

In modern economics, crude selling of products is regarded as a basic and fundamental weakness, he noted.

Head of Iran’s National Elites Foundation Sattari stated, “with supporting research and development (R&D) sectors and relying upon talented youth, fortunately, the country has attained favorable self-sufficiency in refinery sector.

He also pointed to the practical and important role of knowledge-based companies in spurring economy of the country and added, “small- and medium-sized enterprises have brought about sizable revenues for those who are active in economic sector of the country.



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

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Things to Know Before Trip
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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