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Iran Bans Export of 18 Agro Products

Jul 7, 2018, 12:36 PM
News ID: 25655

EghtesadOnline: The Islamic Republic of Iran Customs Administration has announced a ban on the export of 18 agricultural products “until further notice” as per a directive issued to all customs bureaus on July 4.

The banned items include corn, wheat, flour, barley, oat, oil seeds, raw oil, palm oil, alfalfa, straw and wheat straw, fish meal, bran, soybean meal, press cakes, fish feed, additives to fish feed, rye, and sorghum, Mehr News Agency reported. No reason was cited for the decision. The ban on exports came after the  government banned imports of 1,339 items categorized as “Group Four”—products which are “non-essential and have equivalent products made at home”—in a move to check the huge flow outwards of foreign currency, according to Financial Tribune.