Duties Lifted Altogether After Exporters Suffer Hefty Losses

Duties on exports of minerals, petrochemicals and agricultural products have been abolished, Director General of Export Department of the Islamic Republic of Iran Customs Administration Ali Akbar Shamani notified all customs terminals across the country in a recent letter.
The Ministry of Industries, Mining and Trade had sent a directive to IRICA on April 9 for the imposition of export duties on all mineral products to be effective in the new fiscal year (started March 21). 
Customs duties were to be imposed along the steel production chain from iron ore to steel ingots and downstream products, as well as base metals, including copper, aluminum and zinc from concentrates to the metal and downstream products, petrochemicals, chemicals, glass, clinker, cement and all kinds of ferroalloys.