Iran Among Top 7 Precious Metals Exporters in World

TEHRAN (Aug 16) - A senior Iranian official said that his country is one of the leading countries in the world in the field of extracting and exporting preciouis metals, adding that not all potentials are still tapped and the country's capacity is not fully activated.

Iran is among top seven precious metals producers in the world, and paying attention to the sector will help promote industry in the country, said Deputy Minister of Industry, Mine and Trade Farshad Moqimi at a meeting on construction of a gold industrial township on Thursday.

He added that the industry will help bring in more foreign exchanges.

"Establishment of the gold township will help develop the art-industry," he said, noting that efforts are underway to solve the problems faced by the producers.

The specialized meeting discussed reforming guild structure and solving customs and currency problems as well as arrangements for small and medium entrepreneurs to obtain industrial licenses.

Early in March, Iranian First Vice-President Eshaq Jahangiri underlined Washington's failure in sanctions against Iran's metal industries.

"The US was after metal sanctions against Iran but it failed to trouble the country's industries," Jahangiri said, addressing a ceremony in the Northeastern city of Semnan on March 09.

FARRSnews