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Iran bans state structures from buying certain foreign products

Iran Materials 10 June 2014 17:00 (UTC +04:00)

Baku, Azerbaijan, June 10

By Umid Niayesh - Trend:

Iranian government has banned the state structures from buying foreign goods, which have similar analogues produced in the country.

The decision was presented by the country's Ministry of industry, mine and trade to support the local production, Iran's ISNA news agency reported on June 10.

The bill reads that all state agencies are forbidden use public budget to purchase foreign products that have similar domestic analogues.

In recent years Iranian administration has made several decisions to revive its sanctions-hit economy and support of domestic products.

In May 2012 the administration banned advertisement of all foreign goods and services which have similar domestic rivals, noting that the move is in line with the Supreme Leader, Ayatollah Ali Khamenei's decree for promoting Iran-made products.

Iran's government also made a decision in November 2012 on banning the import of foreign cars, laptops and scores of other "luxury" goods in an effort to protect its stash of hard currency.

Iranian media outlets published a long list of foreign products including cellphones and cosmetics that could not be purchased from abroad.

More than 70 kinds of foreign goods were included on the list, including home appliances, apparel and luxury cars such as Porsche.

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