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FTZ Rules Revised

Aug 14, 2018, 5:38 AM
News ID: 26422

EghtesadOnline: First Vice President Es’haq Jahangiri has issued a directive to government agencies laying out the details of latest revisions to foreign currency and order-placement regulations in free trade zones.

“Economy Minister Masoud Karbasian, Industries Minister Mohammad Shariatmadari, Governor of the Central Bank of Iran Abdolnasser Hemmati and the secretary of High Council of Free Zones, Morteza Bank, have been notified of the vice president’s decision,” IBENA quoted Akbar Eftekhari, the bank’s deputy, as saying on Monday. The directive keeps in place the existing rules and procedures governing the import of foreign goods via free trade zones, but subjects exports to other parts of the country to customs regulations of the mainland. Under the new amendments, order placement in free and special trade zones is carried out via the website of the Trade Promotion Organization of Iran, according to Financial Tribune.