Economy, Business And Markets

Exporters Ordered to Repatriate Proceeds Quicker

Exporters Ordered to Repatriate Proceeds QuickerExporters Ordered to Repatriate Proceeds Quicker

Iran's First Vice President Es'haq Jahangiri has sent a directive to all ministries and other related entities, which requires exports to significantly accelerate the process of repatriating their proceeds into the country's economic cycle.
As reported by IRNA late Saturday, the new directive was a modified version of the original directive issued about three months ago, requiring exporters to repatriate almost all their yields. The original tasked exporters to do so in a maximum of six months, but now they have been obligated to return their proceeds within two months.


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