Economy, Auto

Revised Regulations for Car Importers

Revised Regulations for Car Importers Revised Regulations for Car Importers

The Ministry of Industries, Mining and Trade has recently issued revised regulations for car importers that have obtained the official representations of foreign car brands via intermediaries.  One of the basic rules for car imports is that if a company intends to set up an official representation in Iran it must do so via the mother company, Yadollah Sadeqi, the head of the guilds center affiliated to the ministry, said.  The ministry has revised regulations for car imports in collaboration with the Organization for the Protection of Consumer and Producers and Iran's Chamber of Guilds, Mehr News Agency reported.  Auto firms with representations from mother companies have been given a six-month deadline to enter into negotiations with the foreign companies they collaborate with once again to officially register their representations.   If the auto firms fail to obtain official representations from the mother companies before the deadline ends, they will no longer be permitted to import cars.  The regulations require the mother company to mention the Iranian firms on their website as their official representatives.