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Iran expects to store more imported goods

Business Materials 8 November 2020 09:27 (UTC +04:00)
Iran expects to store more imported goods

TEHRAN, Iran, Nov.8

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Iran's ports have currently stored 3.5 million tons of necessary goods while eight ships are expected to unload about 1 million tons of imported necessary goods, said the deputy in Iran Customs Administration.

"There are around 4 million tons of unnecessary and necessary goods stored at county's ports in 30,000 containers," said Mehrdad Arvanghi, Trend reports citing ILNA.

According to him, all imported goods can be stored for two months at ports that can be extended for two more months.

"There are more than 200,000 tons of rice is stored at customs and ports that mostly imported in the last Iranian year (started March 21, 2019) and the process of releasing the commodity is ongoing. The Ports and Maritime Organization data shows eight ships are currently docked at Imam Khomeini Port with a total of 1 million tons of rice," he added.

Arvanghi went on to say that the Central Bank of Iran should issue a tracking code for the release of imported necessary goods from customs, however, the government's new policies have given extensive powers to Iran customs to accelerate the process of releasing goods.

"So far a total of 580,000 tons of rice valued $533 million were released in the current year, although the import has declined 49 percent comparing to last year. All the rice importers seek assigned foreign currency to release their cargo from customs and ports however customs can release a percentage of these goods until the owners pay the fees," he noted.

The Central Bank of Iran has recently announced it would supply credit foreign currency to importers based on the priorities to release necessary goods from customs.

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