Economy, Domestic Economy
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Iran, Turkey to Revise PTA Import Tariffs

Iran, Turkey  to Revise PTA Import TariffsIran, Turkey  to Revise PTA Import Tariffs

The import tariffs for items included in Iran-Turkey Preferential Trade Agreement will be revised during the meetings of the two countries’ joint commission, which is scheduled for mid-April, Mehr News Agency quoted deputy minister of industries, mining and trade, Valiollah Afkhamirad, as saying on Monday. Afkhamirad had earlier announced that the PTA, which was signed between the two countries back in January 2014 and came into effect in January 2015, allows both sides to revise import tariffs or change the listed items every three months to protect their domestic industries.

Financialtribune.com