Business And Markets
0

Exporters Flouting Rules Warned Again

Exporters Flouting Rules Warned Again
Exporters Flouting Rules Warned Again

The Central Bank of Iran says it will send to the judicial authority a bigger list of exporters that have failed to repatriate their currency earrings. 
Last week the CBI said it had provided the judiciary with a list of 250 export companies and individuals who had not complied with the forex repatriation rules.
"An estimated 2,386 exporters failed to repatriate €17.7 billion from March 2019 to July 2020. This amount is expected to increase and the CBI is working with the Ministry of Industries, Mining and Trade and the judiciary," Samad Karimi, head of CBI's export department told Tasnim news agency. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com