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Central Bank of Iran to facilitate trade

Business Materials 7 January 2022 16:29 (UTC +04:00)

TEHRAN, Iran. Jan.7

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A joint working group established by the Central Bank of Iran and the Ministry of Industry, Mine and Trade, is facilitating the country's trade, said the Minister of Industry, Mine and Trade Alireza Peyman-pak said, Trend reports citing Fars News Agency.

"Exporters of raw materials will no longer be obligated to return export revenue to the NIMA system if they use money to import goods," Peyman-pak noted.

Meanwhile, the group is finalizing a mechanism to use cryptocurrency to in foreign trade, said the official.

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