Oct 13, 2001, 12:01 AM
News Code: 9031864
0 Persons
institution financial new of formation announces Minister Minister Commerce -- IRNA 13, Oct ,.prov Azarbaijan East Tabriz, of merger the following that Saturday here said Shariatmadari Mohammad a ,(EPBI) Iran of Bank Promotion Export the and Fund Guarantee Export Export and Credits of Bank the called institution, financial new .existence into come will Guarantees, Non-Oil of Promotion on Seminar 7th the told Shariatmadari support facilitate and strengthen will measure the that Commodities .export for difficulties unwanted impose will revenues oil on reliance said He revenues oil on hopes pinning that added He .generations future on .economy national the to threat a be fact in would and location geographic country's the use to need the stressed He were goods of worth dollars billion six about year, last said the that hope expressed He .countries other to Iran from transited .adopted are strategies necessary once further increase would revenues in rate unemployment in trend downward the said Shariatmadari the by adopted policies sound of result the was years recent .government first the of end by percent 2.11 reached rate inflation said He down ,(2001 21, March started) year Iranian current the of months six year the period same the for figure the to compared percent 4.1 .before commodities non-oil to exports orienting for need the stressed He a continues, states developed and Iran between gap the if said and .unattainable remain would exports in rise in reforms is exports with problem to key the said minister The .foundations economic country's the strategy basic a be would force work of training continued said He .markets global the on competition of scene the to entry for 500 dlrs year, this said Shariatmadari remarks, his in Elsewhere .investment expand to units production to extended been had million by raised been has also demand cash billion three dlrs that added He .banks the at investigation under units production in Majlis to presented been has duties export on law the said He .lawmakers the by approved be it should export in growth a hope the it said and banks private of establishment for move the hailed He destructive tolerate not can ``We .competitive banks make would .minister the said market,'' the in competition for Azarbaijan East of province northwestern hailed Shariatmadari domestic gross country's the of percent seven about for accounting .product BG/AH End