Rented Commercial Cards a Bane to Export Sector

Caretaker of the Trade Promotion Organization of Iran says exporters who hire commercial cards have abused loopholes in export rules and incur extra costs on export formalities. 
Mohammadreza Modoudi referred to flaws in forex policies, saying weakness of forex rules have paved the way for a group of novice exporters to enter the foreign trade arena with hired commercial cards.
“Tapping into opportunities created for exporters in light of currency policies, exporters used 6, 447 new commercial cards to export goods last year (March 2018-19),” he was quoted as saying by IRNA. 
According to Modoudi, the cards lack any commercial records and were mostly hired by other exporters.