Warehouses

EghtesadOnline: All warehouses in Iran are required to register in the so-called “All-Inclusive Warehouses Website” by Aug. 23, otherwise their stored commodities will be considered hoarding and those responsible would be subject to prosecution, the director general of the Ministry of Industries, Mining and Trade’s Commercial Services Bureau said.

EghtesadOnline: An estimated 10,000 containers of imported auto parts are stuck in Iranian customs warehouses ostensibly because local automotive companies Iran Khodro and SAIPA are unable or unwilling to get clearance for the goods.

EghtesadOnline: Economists and businesspeople believe that cracking down on production units and warehouses, and treating them as criminals will have adverse consequences, as economic players will lose trust in the system.