Announce details of export incentives

Announce details of export incentives
  • 2021-01-03
  • .
Deputy Minister of Industry, Mines and Trade and Director General of the Trade Development Organization of Iran in a meeting with exporters of East Azerbaijan province spoke about the details of export incentives.

According to the International Iranian Stone Exhibition, Hamid Zadboom in the meeting to review the problems of East Azerbaijan exporters at the Tabriz Chamber of Commerce, stating that a strong economy needs a strong private sector, added: "We also need a strong room for a strong private sector."

Referring to the need for traders to be familiar with international trade regulations, he said: "Rial sales are one of the problems in the field of exports." Exports are realized when you bring foreign currency to the country, if you receive Rials in exchange for exports, it will have no value.

Deputy Minister Samat added: "We have repeatedly asked exporters to refrain from exporting Rials and sell them in foreign currency in order to generate currency for the country."

Zadboom continued: "It has been approved for four months to meet the foreign exchange obligations, but if any of the guilds had a problem in this regard, they can discuss the issue with us."

Details of export incentives

Referring to export incentives, he said: "In this regard, the assistance of the National Development Fund to the banks is that no matter how much is done, the banks should also provide facilities, since the performance of the bank Export development last year was very good, it was suggested that we give half of the assistance provided by the fund to this bank.

Regarding the methods of obtaining these facilities, the Director General of the Trade Development Organization of Iran also stated: In this regard, exporters can apply for these incentives by referring to the optimization system and registering in it, so that we can also request this. Evaluate and submit our proposal to the bank, but the final evaluation of the amount of facilities is the responsibility of the bank.

Incentives for participation in the completion of cross-border infrastructure

Regarding the second type of incentives, he said: "The second type is related to border infrastructure, and if the private sector takes action in this regard and the plan is approved by the province's Export Development Working Group, the Trade Development Organization will consider incentives." Took.

Zadboom continued: Receiving 500 million Tomans of gratuitous aid is one of these incentives. The second type is that if you have a series of bank installments from the beginning to the end of the year, we will refund you up to four percent of the interest rate through the Export Development Bank.

We cannot delete the business card completely

Regarding the issue of removing business cards, he said: "We, like many countries, are interested in getting a business code from a business card." However, the issue of business cards is a rule, and we can not violate this law by removing the business card. But we are interested in taking a step forward and getting a business number.

* ILNA