Iran plans to reduce imports of certain products to stimulate own manufacturers, as stated by Kiyumars Fathollah Kermanshakhi, Director of the Iranian Organization for Trade Development, Trend reports.
The Iranian Central Bank has recently ordered all spheres to have a set dollar rate of 12260 rials for imports of certain products. This includes cattle, poultry, corn, barley, soya beans, oil, sugar, powder milk.
Importers want a higher dollar rate.
