Iran Chamber of Commerce, Industries, Mines and Agriculture

Iran-India Chamber chief calls for greater private sector role in mining sector

Iran’s mining sector needs reforms in governance, reduced government intervention and greater private sector participation to turn its vast potential into a driver of economic growth, the head of the Iran-India Joint Chamber of Commerce said.

Ebrahim Jamili told the official news portal of Iran Chamber of commerce that urgent action was needed to remove barriers to production in the mining sector, stressing that the government should create conditions for greater private sector involvement in managing and operating economic enterprises. The private sector, driven by economic incentives, market knowledge and sensitivity to production costs, can play an effective role in improving productivity and boosting output, he said. The government should therefore move away from direct management of businesses and focus instead on policymaking and facilitation, allowing private sector operators to make greater use of their managerial and operational capabilities, Jamili added. He said achieving competitive production was essential, noting that simply manufacturing goods was no longer sufficient. Iranian producers can maintain a sustainable presence in domestic and international markets only if they offer products that meet international quality standards at competitive production costs, he said. Products that fall short of global quality standards or carry high production costs will face difficulties competing on price, making access to export markets more challenging, Jamili added. He stressed that competitiveness should become the main criterion guiding policymaking in the mining and mineral industries. Achieving this goal requires identifying and removing production barriers while allowing businesses to make decisions on production, sales and expansion in line with market conditions, he said. Jamili also called for a review of government intervention in business activities, particularly administrative price controls, saying the state should step back from interfering in economic mechanisms. He reiterated that greater use of private sector capabilities in managing enterprises was essential to increasing production and productivity, adding that the ultimate goal should be to establish businesses capable of competing in domestic and global markets through internationally competitive quality and production costs.
Iran Chamber of Commerce, Industries, Mines and Agriculture

Iran Chamber of Commerce, Industries, Mines and Agriculture

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