Economy, Domestic Economy
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Banana Import Tariffs Cut on Apple Exports

Banana Import Tariffs Cut on Apple ExportsBanana Import Tariffs Cut on Apple Exports

Bananas can be imported at a low tariff rate of 5% when apples are exported in return, an official with the Ministry of Agricultural Jihad said. “If traders only want to import bananas without exporting apples, they are required to pay a 26% tariff rate, according to the new import and export regulations ratified by the government for the new Iranian year (started March 20),” Jamal Modarresi was quoted as saying by Mehr News Agency.  According to regulations set by the Ministry of Agricultural Jihad, the import of all fruit, except bananas, pineapples, coconuts and mangos, is prohibited.

 

Financialtribune.com