Export companies have refused to return $27 billion in overseas earnings in the past two years and the government is struggling to bring the money back by resorting to a mix of pliability and penalty.
Masoud Khansari, head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture said the chamber along with representatives from the Central Bank of Iran have met several times with more than 90 exporting companies in the past two weeks to resolve the problem.
“Meetings have been held in collaboration with the central bank. We have assessed the challenges and identified the root causes,” he was quoted as saying by the TCCIM website.
Add new comment