The possibility of using the currency of Iranians living abroad, as well as the foreign exchange resources available in some countries, are options that auto industry activists have emphasized and believe that solving the challenges of the automotive industry by forming a basket of foreign exchange offers without mentioning the source of the currency.
Khodrocar - In the last meeting of the Automobile Committee, considering the need to provide foreign exchange through various methods with the aim of maximizing production in the automotive industry in order to increase supply and fulfill obligations, Note 2 of Article 1 of a policy package on how to return export earnings for the automotive industry agreed by central bank representatives.
Meanwhile, due to the lack of foreign exchange resources and problems related to the timely supply of foreign exchange, the automotive industry has recently witnessed the accumulation of its products in automakers' parking lots and the lack of customs clearance of parts, which has hurt automakers in the production leap year. Has figured out. Therefore, activists in this field believe that even the adoption of this law will not help the auto and parts industry, because solving these problems requires bigger decisions.
"Export currency, half currency or pure currency does not solve the problem of the automotive industry, and to solve the problem and realize the production leap along with meeting the foreign exchange needs, we must allow all options to be used in the automotive industry, because this industry is the only private industry which has been sanctioned.” Arash Mohebi Nejad, secretary of part industry association told khodrocar reporter.
"The association proposes that a basket of different methods, including imports without currency transfer without mentioning the origin, be presented to the automotive industry, because other sanctioned industries, including oil, gas and petrochemicals, always have a currency surplus and always have more currency abroad. They are not able to return it to the country, so that basic metals and petrochemicals with high exports are witnessing a currency surplus and provide the currency needed by other industries, including automobiles, in a purer way.” He said.
"This movement is progressing and with its full realization, the foreign exchange demand will decrease, while the annual foreign exchange demand of the automotive industry is 4 thousand billion dollars, which is proposed that in addition to the methods authorized by the Central Bank, import without Currency transfer without mentioning the source should be given up to one billion dollars a year so that the industry can withstand sanctions.” He mentioned.
"It is definitely difficult to import from countries where currency is not available, such as France, Germany or Japan, and even if it is possible to use the currency generated by exports, transportation costs will be very difficult.” He said.
"If the central bank has the ability to find the source of the currency, undoubtedly the sanctioning countries will also have the ability, so the association suggests that flat currencies are available to the people, whether Iranian currencies abroad or any currency available abroad that can be purified in Rials. There is inside, instead of smuggling to be provided with productive production.” He continued.
"Export currency, half currency or pure currency does not solve the problem of the automotive industry, and to solve the problem and realize the production leap along with meeting the foreign exchange needs, we must allow all options to be used in the automotive industry, because this industry is the only private industry which has been sanctioned.” Arash Mohebi Nejad, secretary of part industry association told khodrocar reporter.
"The association proposes that a basket of different methods, including imports without currency transfer without mentioning the origin, be presented to the automotive industry, because other sanctioned industries, including oil, gas and petrochemicals, always have a currency surplus and always have more currency abroad. They are not able to return it to the country, so that basic metals and petrochemicals with high exports are witnessing a currency surplus and provide the currency needed by other industries, including automobiles, in a purer way.” He said.
"This movement is progressing and with its full realization, the foreign exchange demand will decrease, while the annual foreign exchange demand of the automotive industry is 4 thousand billion dollars, which is proposed that in addition to the methods authorized by the Central Bank, import without Currency transfer without mentioning the source should be given up to one billion dollars a year so that the industry can withstand sanctions.” He mentioned.
"It is definitely difficult to import from countries where currency is not available, such as France, Germany or Japan, and even if it is possible to use the currency generated by exports, transportation costs will be very difficult.” He said.
"If the central bank has the ability to find the source of the currency, undoubtedly the sanctioning countries will also have the ability, so the association suggests that flat currencies are available to the people, whether Iranian currencies abroad or any currency available abroad that can be purified in Rials. There is inside, instead of smuggling to be provided with productive production.” He continued.
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