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Groups of Exporters Want Exemption From Currency Repatriation Rules

Groups of Exporters Want Exemption From Currency Repatriation RulesGroups of Exporters Want Exemption From Currency Repatriation Rules

The Majlis Joint Commission has approved a proposal calling for exempting exporters of technical and engineering services and agricultural goods from currency repatriation rules. 
This was announced by Jamshid Nafar, head of the Export Development Department of Iran Chamber of Commerce, Industries, Mining and Agriculture.
Speaking to IRNA, he expressed the hope that the exemptions would be incorporated in the 2020-21 draft budget. To become law, the exemptions must be approved in the chamber. 
However, the next budget bill does not include such a provision. It only requires the Central Bank of Iran to set a deadline for exporters of technical services to repatriate their foreign income, two months after the budget bill is passed. 

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