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Farshad Momeni: Iranian Government Should Regulate Imports from Pakistan and India

Islamic Republic of Iran Imports

In recent years under the leadership of Mahmoud Ahmadinejad, Iran imported commodities and products which were originally supplied by the local manufacturers and producers. According to Farshad Momeni, an Iranian economist, excessive and irregular imports have unemployed nearly 100,000 people in Iran.

“Unfortunately the excessive imports from countries such as Pakistan and India have significantly increased unemployment rate in Iran. I recommend the Iranian government to regulate imports of goods and products from other countries in the hope of creating more job opportunities in Iran,” the Iranian economist remarked on Tuesday.

“Currently, a large number of educated Iranians are jobless. By cutting and regulating imports of different types of goods, which can be produced inside Iran, the Iranian government can make jobs for these unemployed people,” Farshad Momeni continued.

The Iranian scholar says the government should start supporting local companies rather than importing goods and products from other countries. “As a matter of fact, Iranian plants and factories are capable of manufacturing high-quality goods, which are currently imported from Pakistan and India. The government is responsible for supporting domestic production,”

Farshad Momeni also went on to talk about the negative outcomes of unemployment in the Iranian society. “Studies and estimations suggest that the Iranian government has invested billions of dollars for educating youth generation in the country. These investments actually are useless as long as the educated populations are unemployed.”

According to the statistics released on May by the Iranian government, unemployment rate stands at 11% in Iran. However, analysts and economists suggest that more than 30% of Iranians are jobless, as the government has distorted standards and norms to make a justifiable number.

Iranian businessmen and investors were forced to close numerous factories and companies over the past few years due to financial crisis in the country. Economic sanctions on Iran are mostly blamed for the existing economic crisis.

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