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Exporters Meet 70% of Forex Repatriation Commitments

Exporters Meet 70% of Forex Repatriation Commitments
Exporters Meet 70% of Forex Repatriation Commitments

Export companies have met almost 70% of their forex repatriation commitment, head Trade Promotion Organization of Iran said. 
“From April 2018 to March 2021, exporters brought back €43.5 billion,” Hamid Zadboum was quoted as saying by the TPO public relations website. The amount improved by 2% since forex repatriation became mandatory in the spring of 2018. 
Export income to be repatriated was €70.3 billion for goods taken out from April 2018 to Oct 2020. As per rules, export firms have four months to return their foreign income.

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