9721
Tightening Car Import Rules
Economy, Business And Markets

Tightening Car Import Rules

Cars will only be imported through the official representatives of foreign carmakers whose licenses have been registered in the ministry of industry, mine and trade, according to a recent announcement made by the Trade Promotion Organization (TPO). In line with the Article 4 of the law on protecting the consumers’ rights, all durable consumer goods that are imported into the country, including cars, are required to have official representative companies and guarantee services at home, TNA reported on Saturday. Despite the law’s explicit statement, more than 50% of the foreign cars have so far been imported through entities other than the official representative companies. The TPO says the recent move will help authorities have a better control over car prices and consumer satisfaction.    

 

Short URL : http://goo.gl/ovLP5d

You can also read ...

Decline in Forex  Rates Expected
While the foreign exchange rates are still considered bullish...
Economic War on Iran Is War on Eurasia Integration
Hysteria reigned supreme after the first round of US sanctions...
German Rail Operator, Deutsche Telekom End Iran Projects
German rail operator Deutsche Bahn and Deutsche Telekom are...
Emirati Paper: Baghdad Expected to Maintain Strong Economic Ties With Tehran
Iraq’s ties with Iran are likely to grow stronger as a result...
 New ATR Planes Join Iran Air Fleet
The ATR 72-600 planes recently delivered to Iran Air have...
NZ Exporters Wary of Rising  US-Iran Trade Tensions
New Zealand exporters are looking to worsening US-Iran...
 TPO Clarifies Import Ban List to Foreign Traders
The recent ban imposed on the import of certain products has...
Australian Teen Hacked Apple’s Computer Network
An Australian teenager has pleaded guilty to hacking into the...

Trending

Googleplus