Apr 29, 2020, 5:00 AM

Eurasia reduces tariffs to zero on 10 Iranian exports items

Eurasia reduces tariffs to zero on 10 Iranian exports items

TEHRAN, Apr. 29 (MNA) – Eurasia has granted preferential tariffs and exemptions from customs duties to 10 Iranian export goods since April 1, said the head of the Industry, Mine, and Trade Organization of Gilan Province on Tuesday.

Mohammad Feiz said that the exemptions are being granted to recover the negative effects of the spread of coronavirus and prevent the shortage of such items in the member states of the union.

The exemptions started since April 1 and will continue till June 30, he added.

Feiz expressed hope that the exemptions will lead to an increase in exports as well as a surge in production amid tough US sanctions on Iran and the coronavirus outbreak.

MNA/IRN 83767711

News ID 158135

Zahra Mirzafarjouyan

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Hamid 08:55 - 2020/04/29

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Good policy,it should be permanent.