The Central Bank of Iran has announced new regulations for the import/export of gold and other precious metals.
Importers of gold and precious metals will have to go through three stages, namely registering orders in the so-called Comprehensive Commerce System, receive quality certificate plus valid customs documents, Banker.ir reported.
Imported raw material can be processed into other goods so long as the above-mentioned conditions are met. Importers of raw precious metals should also acquire special permission from the Ministry of Industries, Mining and Trade.
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