No Deadline for Car Imports

After the Ministry of Industries, Mining and Trade said it is “impossible” to specify a date for car imports, experts are wondering whether the ministry is serious about the issue.
While rumors have circulated about the ministry confirming the import of French, Japanese and South Korean brands, as well as the domestic importing companies, market players and experts are cynical about any car import getting underway anytime soon.
Obstacles facing the implementation of import regulations are so obvious that the spokesman of the ministry said, “Apart from the Industries Ministry, many other institutions are also involved in the car import process, such as the Central Bank of Iran, the Islamic Republic of Iran Customs Administration and the Institute of Standards and Industrial Research of Iran, etc. Therefore, it is impossible to announce a precise date for car imports and we can only say it’s a work in progress.”
Omid Qalibaf added that car imports need €1 billion and CBI is planning to provide it in a positive environment, implying that most likely it would be allocated.