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Iran : Export Tariffs on Unprocessed Minerals Decreased by 5-15%

The Industries Ministry's decision to reduce tariffs comes after it imposed 20-25% duties on export of unprocessed minerals as of Sept. 23, 2019
Export Tariffs on Unprocessed Minerals Decreased by 5-15% Export Tariffs on Unprocessed Minerals Decreased by 5-15%

Minister of Industries, Mining and Trade Reza Rahmani has sent a letter to the head of Islamic Republic of Iran Customs Administration, Mehdi Mir-Ashrafi, to implement revised-down tariffs on export of unprocessed minerals.
The decision comes after the Industries Ministry imposed 20-25% tariffs on the export of unprocessed minerals as of Sept. 23, 2019, ISNA reported. 
According to Deputy Industries Minister Jafar Sarqeini, the decision was aimed at supporting domestic production, preventing the export of unprocessed minerals and generating more value-added.

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