Members of the Majlis Joint Commission annulled an earlier ruling that very recently allowed import of machinery, raw materials, seeds and fertilizers without obliging importers to follow the normal foreign exchange allocation procedures imposed by the government.
Mehdi Mofateh, spokesperson of the commission, said Wednesday that the ruling was scrapped after Abdolnaser Hemmati, governor of Central Bank of Iran, informed the commission about the impact of the move on his forex stabilization plans.
He convinced lawmakers that importing goods in this way would bypass the import order registration system, which in turn would let forex be traded out of CBI oversight, the MP said.
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