Economy, Auto
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Iranian MP Says Auto Import Ban Temporary

Iranian MP Says Auto Import Ban TemporaryIranian MP Says Auto Import Ban Temporary

A member of the Majlis Industries Commission says that the recently-imposed ban on car imports is not permanent and will end in the coming months. 
Saeed Bastani said the introduction of the ban on auto imports was an emergency measure aimed at saving foreign currency reserves. “The ban will be lifted by the end of the current fiscal in March 2019.”
“The commission is currently working on a bill aimed at managing auto imports,” Bastani added.
 

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Comments

the CBU close is understandable due to the blurry situation at the moment, however, the article has mentioned that total value of the embargo consignment would only count for less than 8%, therefore, the reopening process shall be initiated ASAP!
the CBU close is understandable due to the blurry situation at the moment, however, the article has mentioned that total value of the embargo consignment would only count for less than 8%, therefore, the reopening process shall be initiated ASAP!

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