Baku, Azerbaijan, Nov.22
By Fatih Karimov - Trend:
Iran has reduced the tariff for importing electric and hybrid cars to zero, Iran's industry, mine, and trade minister, Mohammad Reza Nematzadeh said,
Nematzadeh said the government plans to decrease air pollution in large cities, Iran's Shana news agency reported on November 22.
It is hoped that electric and hybrid cars will be manufactured next year domestically, he added.
In February, Iranian MP Ali Alilou of the Majlis Industries and Mines Committee said Iran was planning to cut all car import tariffs to zero in two year's time, according to the report.
The Iranian automobile industry, the biggest non-oil sector of the economy, constituting around 10 percent of gross domestic product (GDP), boomed over the decade ending in 2011.
However, experts pointed that the administration of former president Mahmoud Ahmadinejad, which increased car import duties as much as 90 percent in 2013, led to a marked deterioration of quality in the Iranian market.
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