The Central Bank of Iran continues to exercise flexibility toward exporting companies regarding the repatriation of export earnings, the bank’s governor said.
“The central bank believes in compromise with exporters and will not refuse cooperation over repatriation of their proceeds,” Abdolnasser Hemmati was quoted as saying by the news service of the Iran Chamber of Commerce, Industries, Mines and Agriculture.
Hemmati was speaking at a meeting with members of the boards of directors of provincial chambers of commerce and a group of prominent exporters to discuss export issues.
“CBI will never resort to judicial action against real and credible exporters, and to the extent possible strive to settle problems through negotiations and flexibility,” he pledged.
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