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2
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Approval Granted for the Use of Export Proceeds in Imports
Mohammad Ali Dehghan Dehnavi, Deputy Minister of Industry, Mine, and Trade, announced the approval of exporters using their foreign currency earnings from exports to import goods, calling it a major step in facilitating trade and removing barriers to production and commerce in the country. Speaking at a consultative meeting on foreign trade, Dehghan Dehnavi noted […]
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Iran Customs Issues New Directive on Proper Implementation of Customs Formalities
Faroud Asgari, Deputy Minister of Economy and Head of the Islamic Republic of Iran Customs Administration (IRICA), has issued a directive to customs managers and officials across the country emphasizing the strict enforcement of customs regulations and procedures. Key points of the directive include: The directive highlights that the protection of traders’ rights and the […]
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Iran and Iraq Hold Joint Meeting on Border Crossings
A joint meeting between Iranian and Iraqi officials was held to discuss border crossings. The two sides reached agreements on combating smuggling of goods and drugs, enhancing border security, developing border economies, and resolving issues at border terminals to facilitate trade and passenger movement. Ali Akbar Pourjamshidian, Deputy Minister of Interior of Iran, highlighted Iraq’s […]
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Iran’s Non-Oil Trade Exceeds $44 Billion in the First Five Months of 2025
Iran’s non-oil trade reached $43.94 billion during the first five months of the current Iranian year, covering a total volume of 76.53 million tons of goods, according to Faroud Asgari, Deputy Minister of Economy and Head of the Islamic Republic of Iran Customs Administration (IRICA). Export and Import Overview Key Exported and Imported Commodities Petrochemical […]
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Import of Passenger Cars by Foreign Investors and Tariff Reforms in Iran (2025)
🔹 According to a new resolution by the Iranian Cabinet of Ministers, the import of passenger cars by foreign investors will be permitted in 2025. This decision, enacted under Clause (R) of Note (1) of the Single Article of the 2025 National Budget Law, introduces new requirements for the registration and clearance of imported vehicles. […]