Export Income Realization Timelines Extended by TPO

The Trade Promotion Organization of Iran again extended the forex realization timeline for exporters and temporarily suspended legal action against non-compliant companies.
Forex repatriation timelines for exports in fiscal 2017-18 and 2019-20 have been extended until the calendar month that ends on October 21. The previous deadline was July 22.
The time for returning export revenue in the last fiscal year (March 2020-21) is Nov.21, marking the end of the next Iranian month, according to a press release seen on the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) website.