Saturday, December 18, 2004

Shariatmadari: Iran's E-Commerce to reach 12.8 billion dollars in 2006

Official : Iran's E-Commerce to reach 12.8 billion dollars in 2006: "Official : Iran's E-Commerce to reach 12.8 billion dollars in 2006
Tehran, Dec 18, IRNA -- Iranian Commerce Minister Mohammad Shariatmadari said in Tehran on Saturday that the value of electronic commerce is expected to reach dlrs 12.8 billion in 2006 registering an average growth of 48.6 percent.
Addressing the Renovation, Creativity and Job Creation Festival, he said the value of e-commerce in 2003 stood at between dlrs 1.4 billion and dlrs 3.9 billion.

There is a very close relation between e-commerce and creation of job opportunities, he said.

E-Commerce will leave a direct impact on generating new ideas as well as opening up new market opportunities round the globe, he said.

Information Technology (IT) has led to promotion of e-commerce round the world, he said adding that renovation and creativity are considered as the best policies to maintain the current market and find access to new and untapped markets.

Since e-commerce is not a time consuming procedure, it helps increase productivity, speed up calculations, exchange of documents and financial statements, he said.

"E-commerce will have an impact on all economic, social, cultural and political aspects in our daily lives," he underlined.

The countries round the globe should widen their scope of activities from national economy to global economy in order to create more job opportunities beyond geographical borders, he concluded."