TEHRAN, Dec. 4 (MNA) -– In a move to support the development of industries, the Mines and Industries Commission of Majlis will discuss the use of foreign financial resources in industrial investments with cabinet representatives from the related organs on this coming Tuesday, a member of the commission Mohammadreza Sajjadian announced on Sunday.

“Presenting a plan and specific bills in using banking resources on this matter are not going to be on the agenda in this meeting, and one of the main obstacles to the improvement of our industries is a bureaucracy full of twists and turns,” he said, adding that opening LC both in private and governmental sectors has been requiring a long process, impeding the upward trend of industrial development and projects.

 

Representatives from the Central Bank of Iran, Management and Planning Organization (MPO), Ministry of Economic Affairs and Finance, and Ministry of Industries and Mines are going to be present in the upcoming meeting.

 

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