Imports of raw materials without order registration allowed in free zones

January 2, 2019

TEHRAN- The Islamic Republic of Iran Customs Administration (IRICA) has legalized imports of 3,243 various types of raw materials and production parts into the country’s free economic and industrial zones as well as free special economic zones without order registration, IRNA reported.

According to a deputy from IRICA, Mehrdad Jamal Orounaqi, the job has been done on the way to ease domestic production.
Some of the permitted goods include baby milk powder, butter, whey, corn flour, oats, raw oil, palm, some of minerals such as manganese, nickel, cobalt, and tin and tungsten concentrates, some industrial goods such as engine oils and industrial oils, sulfur, carbon and liquid helium.
Protecting domestic production presently stands among top priorities of Iranian government. The government prepared a comprehensive plan to brace the country for the U.S.-led sanctions in late June, 2018. The protective plan worth one billion dollars is aimed at creating jobs, supporting the domestic production and preserving the existing jobs.
A specific attention has also been paid to backing domestic production and job creation in the budget bill for the next Iranian calendar year 1398 (starting on March 21, 2019), which is currently being investigated at the parliament.
“In comparison with the budget bill of 1397, that of the next year allocates more credit to industries renovation and localization expansion and also is more protective regarding the related issues to the existing funds, providing facilities to mining sector, and allocated grants,” Iranian deputy industry minister Farshad Moghimi announced in late December.
HJ/MA

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