Dr. Faiz emphasized the three principles of time, productivity, and economic efficiency in localization;
Calls for Easing Imports of Raw Materials
Minister of Industries, Mining and Trade Mohammad Shariatmadari has put forth the idea of granting duty exemption to the imports of raw materials for essential goods transported by international shipping lines in a letter to First Vice President Es’haq Jahangiri.
Commodities shipped into the country by international fleets are presently subject to an import duty fee equal to 10% of the total shipment fee as per the Law on Movement of Foreign Vehicles, Mehr News Agency reported.
source: Financial Tribune
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