14826
Rice Import Tariffs Jump to 40%
Economy, Domestic Economy

Rice Import Tariffs Jump to 40%

The customs tariff on rice imports has increased to 40 percent in the current Iranian calendar year (started March 21), Abdolmahdi Bakhshandeh, deputy head of planning and economics at the Ministry of Agricultural Jihad announced on Friday, as quoted by IRNA. The official also noted that 3 million metric tons of rice is consumed in the country annually, 2 million of which is supplied domestically and the rest imported. Figures show that the customs tariff on rice imports stood at 18 percent over the past Iranian calendar year, which led to a glut in the market due to excessive imports.

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

You can also read ...

Uncertified Money Shops Closed
For preventing speculative activities in Iran’s currency...
Iran’s Parliament Speaker Ali Larijani (C) attends the Vietnam-Iran Business Forum on April 16. (Photo: VNA)
Iranian and Vietnamese firms discussed trade opportunities at...
International Tender for New IKIA Terminal
Iran's Imam Khomeini Airport Company plans to hold an...
Chinese Tire Manufacturer Gets Cold Feet With Iranian Project
China’s Shandong Linglong Tire Company (Linglong) is...
14 New Aircraft Expected by 2019
Iran Air, the country’s flag carrier, will take delivery of 14...
IKAP to Mass-Produce Peugeot 301
Iran Khodro is set to launch mass production of Peugeot 301 in...
Mostafa Kavakebian (C-R) discussed Iran’s measures to join FATF in a meeting  with Economy Minister Masoud Karbasian (C-L) on April 18.
A senior lawmaker announced that a pending legislation for...
Russia Seeks INSTC Logistics Operator
The Russian Railways JSC is discussing the formation of a...

Trending

Googleplus