Majlis Bid to Criminalize Failure to Return Overseas Export Income Unacceptable

Iran Export Federation in a letter to the Majlis voiced concern over a proposal by lawmakers to criminalize exporters for not returning their overseas income on time.  
Last week MPs proposed a plan based on which non-oil exporters must repatriate their export earnings within three months after discharging their goods in foreign markets. Failing to do so carries judicial punishment if the proposal becomes law.
In the letter the IEF chief Mohammad Lahouti said under the US economic sanctions returning export income is difficult if not impossible.