76628
Local producers have often called  on the government to increase import tariffs on tires.
Local producers have often called  on the government to increase import tariffs on tires.

Higher Tariffs for Imported Tires Proposed

Higher Tariffs for Imported Tires Proposed

In order to “protect domestic production”, the Industries Ministry has proposed a new guideline on tire imports including higher tariffs.
If approved by the government, tariffs on imported tires will be raised from 32% to 40%, local automotive website Asbe Bokhar reported.
As for tires for heavy duty vehicles, the rise will only be applied on goods with high domestic production rates.
Several Iranian companies including Kavir Tire and Yazd Tire produce tires for trucks and cars in large volumes.
However, the production rate of some models are relatively low and do not meet the local demand.
Earlier in June, spokesperson of Iran’s Tire Producers Association, Mostafa Tanha, called on the government to increase import tariffs on tires.
“Local businesses can meet the demand. However, due to the relatively low import tariffs, substandard and cheap Chinese tires now have a big share of the market,” he complained.  Chinese companies have more than 80% of the share of imported tires.

 

Short URL : https://goo.gl/FaZfKv
  1. https://goo.gl/McGL4A
  • https://goo.gl/ELZqiC
  • https://goo.gl/4YJeub
  • https://goo.gl/3LKHaZ
  • https://goo.gl/D1oqpv

You can also read ...

Airbus, Boeing Executives to Visit Next Week
Executives from aircraft manufacturers Airbus and Boeing are...
TEDPIX gained 1,076.50 points or 1.18% to end trade at 92,628.9, the highest it has ever been.
Tehran Stock Exchange's main index broke above the 92,000...
Tehran to Host Chandeliers Expo
The 25th International Exhibition of Chandeliers and...
t-Lounge by Dilmah was officially launched in Tehran’s Sam Center by Dilmah Founder Merrill Joseph Fernando.
Dilmah Tea, the world-renowned producer-owned tea brand,...
The 11th World Trade Organization meeting concludes in Buenos Aires, Argentina, on Dec. 13.
An Iranian delegation attended the 11th World Trade...
The rial had weakened to its all-time low in the past week, reaching 42,000 per dollar before gaining some ground.
Governor of the Central Bank of Iran Valiollah Seif tamped...
HP has issued a software patch for its customers to remove the keylogger.
Hidden software that can record every letter typed on a...
Reportedly Samsung is on target to expand the iris scanner  to its budget phones by late 2018 or early 2019.
Samsung will reportedly bring several upgrades to the iris...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus