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Iranian parliament plans to ban imports of luxury goods

Business Materials 13 October 2012 12:59 (UTC +04:00)

Azerbaijan, Baku, Oct.13/ Trend F. Milad/

The Iranian parliament (Majlis) plans to prepare a list of unnecessary and luxury goods in a bid to prevent from importing such goods, IRNA quoted MP Mohammad Alipour as saying on Saturday.

The move is aimed to support domestic production and help boost job creation, he added.

On October 7, the Fars News Agency reported that the Iranian lawmakers are preparing a double urgency bill on ban of imports of unnecessary and luxury goods.

MPs are going to investigate on data released by the Central Bank of Iran claiming it has allocated $25 billion for imports in the past six months, according to the report.

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