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Term of issuing licenses for making foreign investments decreases in Iran

Business Materials 1 February 2020 17:55 (UTC +04:00)
Term of issuing licenses for making foreign investments decreases in Iran

BAKU, Azerbaijan, Feb. 1

By Elnur Baghishov - Trend:

The term of issuing licenses for making foreign investments in Iran has been reduced from 45 days to 22 days.

This decision was made at the 35th meeting led by Iranian Finance and Economic Affairs Minister Farhad Dejpasand, Trend reports referring to the website of the Iranian Ministry of Economic Affairs and Finance.

From now on, the Iranian Investment, Economic and Technical Assistance Organization will consider this issue within one week and a decision will be made within 15 days.

The organization previously considered this issue within 15 days and a final decision was made within 30 days.

During the meeting, any prohibitions on issuing licenses for activity in the poultry and livestock sector were lifted.

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