Iran to cut importation charges for strategic goods to curb inflation
Azerbaijan, Baku, Nov.18/ Trend G.Mehdi/
Iran has cut importation charges for strategic goods, which are currently imported using dollar at the official rate of 12,260 rials, in a bid to curb inflation as a result of imports, the Fars News Agency quoted Iranian Customs Administration Head Abbas Memarnejad as saying on Sunday.
Accordingly, the charges will be lowered by 50 percent for highly demanded goods as of November 21, he added.
On September 22, the Mehr news agency quoted director of the Iranian Trade Promotion Organization as saying that the imports of some specific goods, which are also domestically manufactured, may be limited in a bid to prop up domestic producers.
"The domestic production will be supported as much as possible observing the market situation," TPOI official Kiyumars Fathollah Kermanshahi said.
The Iranian Central Bank has recently ordered all the branches to pay official rate dollar (12,260 rials) to importers just for importing a certain group of goods.
The goods include red and white meat, livestock, corn, barley, soy bean, edible oil, sugar, and milk powder, Mehr news agency reported.
The Central Bank has categorized the goods, which are to be imported, into ten total groups.