TEHRAN- The head of the Agricultural Committee of the Iran Chamber of Commerce, Industries, Mines and Agriculture assured that the country’s essential goods reserves are at an acceptable level.
According to a Mehr News Agency report, Es’haq Bandani, head of the Agricultural Committee of the Iran Chamber of Commerce, Industries, Mines and Agriculture, said: “In a situation where the country is facing a complex and multi-layered war, it is natural for concerns to arise among the people regarding the supply of essential goods. But the reality is that the country’s commodity supply structure has been designed in recent years to have acceptable flexibility even in crisis conditions.”
Stating that an examination of the status of essential goods reserves shows that the country’s existing reserves are at an acceptable level and there is currently no immediate concern in this regard, he added: “Furthermore, the flow of goods entering the country has not stopped and is ongoing through various routes. Contrary to the public perception that mainly considers southern ports as the only entry route for goods, the country has a diverse network of import origins, and goods are entering the country through various sea and land routes.”
The head of the Iran Chamber’s Agricultural Committee continued: “Alongside imports, domestic production also plays an important role in the stability of essential goods supply. In some strategic items, including wheat, the country has achieved a significant level of self-sufficiency, and soon with the start of the wheat harvest in the southern regions of the country, part of the consumption needs will be met from domestic production. The entry of this product into the consumption cycle in the coming months can help further strengthen market stability.”
According to the Iran Chamber, Bandani noted: “However, wartime conditions require policymakers to act proactively and resolve potential bottlenecks in the supply chain. One of these bottlenecks is the time-consuming processes in the area of securing foreign currency for importing goods. In such circumstances, by utilizing the capacity of traders and business networks, the mechanism for imports without currency transfer, with non-bank currency origin, can be activated more for essential goods to increase the speed of the import cycle.”
He added: “It is also necessary that some legal and tax obstacles, which are designed under normal circumstances to control currency flow and trade, be temporarily facilitated in the area of essential goods so that economic actors can play a role in supplying goods more quickly. Alongside these measures, developing diverse transportation routes, including northern routes via the Caspian Sea, land routes through neighboring countries, and eastern routes, can increase the resilience of the country’s supply chain. At the same time, economic interactions with trading partner countries, especially in the area of supplying grains and essential goods, need to be strengthened so that the trade flow continues uninterrupted.”
Stating that by relying on domestic production capacities, the diversity of supply routes, and the efforts of the country’s economic actors, one can be assured that the flow of essential goods supply will continue and there is no serious concern in this area; he said: “What is more important than anything else is maintaining social calm, mutual trust between the people and economic actors, and the continuation of collective effort to get through this critical juncture.”
MA
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