Jan 30, 2018, 8:52 PM
News Code: 82814226
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Registration of order for imports without forex transfer forbidden

Tehran, Jan 30, IRNA – First Vice-President Eshaq Jahangiri said registration of order for imports from China, India, Korea and Turkey without transfer of foreign exchange is forbidden.

Jahangiri said in a directive to the Central Bank of Iran (CBI) and ministries of Agricultural Jihad, Industries, Mines and Trade, it has been ruled that any registration for imports from China, India, Korea and Turkey without transferring any foreign exchange will be forbidden.

The directive has also been brought to the notice of the ministries of Economy and Finance and Information.

All importers will embark on imports only through the banking system within the framework of related rules.

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