Decision on New Auto Import Rules Expected
Decision on New Auto Import Rules Expected

Decision on New Auto Import Rules Expected

Decision on New Auto Import Rules Expected

A new guideline on auto imports has been proposed pending government approval, says the director of the Trade Promotion Organization of Iran. Mojtaba Khosrotaj says, “The government will make its decision after finalizing the budget for the next fiscal [starts March 21],” Persian daily Donya-e Eqtesad reported. The government should submit the national budget bill to the parliament this month. As per law, after obtaining import permits for each model from the Ministry of Industries, importers are required to make an online registration with the TPO for every single unit. The TPO stopped issuing online auto import permits more than five months ago, saying that new regulations are in the pipeline.  As a result the imported car market is in chaos and in some cases prices have shot up by up to 280 million rials ($7,000).


Short URL : https://goo.gl/B39Fmm
  1. https://goo.gl/R1aXma
  • https://goo.gl/fHFXXW
  • https://goo.gl/gpq4RK
  • https://goo.gl/1DMMzF
  • https://goo.gl/tS562p

You can also read ...

Calls for Changing Forex Policy
As Iran is dealing with the ramifications of the government's...
French Business Chief in Iran Sees Bleak European Prospects
The head of France’s business lobby in Iran said on Friday EU...
Maersk Tankers Ends Iran Shipping
Danish shipping group Maersk Tankers on Thursday said it would...
S. Korea Discusses Contingency Plans on Iran Sanctions
The South Korean government held an inter-agency meeting on...
BMI: US Deal Pullout to Have Limited Impact on Mining Industry
The reimposition of US sanctions on Iran will only have a...
The reduction of the available volumes of semi-finished steel from Iran is expected to influence billet and slab prices  in the global market, pushing them upward.
Iranian steelmakers and customers in major outlet regions such...
Global insurers are reviewing the effects of US pullout from the Iran deal.
Global insurers are taking stock of how the US withdrawal from...
TCI to Issue $190m Worth of Equity-Based Ijarah Sukuk
Telecommunications Company of Iran is set to underwrite 8...

Add new comment

Read our comment policy before posting your viewpoints