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| Non-oil Exports
& The Export Promotion
Center Of Iran |
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| Instead, during
these two years, with the adoption of the policy to convert
foreign exchange at realistic rates and make the proceeds
earned from exports of non-oil products more profitable,
the rate of exchange for export letters of payment has
doubled, coming very close to the free market rate of
exchange. Previously, export of all goods was subject
to obtaining permission whereas today, except for a few
limited items, no permission is required for the export
of any type of product. The Exporters Obligation Fulfillment
Investigative Commission has been set up and necessary
executive by-laws for investigating the unfulfilled foreign
exchange obligations of exports have been notified to
the banking network. Moreover, the export of goods and
services has become free of cumbersome and penalizing
governmental regulations. Regulations humiliating the
exporters and or obstructing their competition in the
international market have been scrapped and today, no
signs of such regulations are existing. |
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| Exports of goods
through letters of credit are exempted from providing
export guarantees. All banks are permitted to buy and
sell Export Letters of Payment and the period of foreign
exchange Letters of Payment for documentary credits of
exporters has been extended to 360 days. The conditions
for entry of foreign traders and buyers into the country
have been relaxed. 72-hour entry visas are issued at the
airport to the nationals of some foreign countries (such
as Saudi Arabia) that are considered as important and
major markets for the export products of the country.
Foreign exchange facilities are provided for marketing
and exhibition activities of exporters. The quality and
packing of export products have been improved considerably
and exports of inferior quality, non-standard products
are restricted. Duty and tax exemptions have been granted
to all exportable goods. The conditions for temporary
import of raw materials, equipment and accessories, required
for the production of exportable goods, have been relaxed
to a very great extent. |
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| The guarantees
of such exporters are canceled with the export of 125%
of the value of the temporarily imported goods. Customs
charges, commercial benefits and difference of amounts
collected from imports of goods that are used in the production
of exportable products are repaid promptly. All the facilities
and privileges granted for export of goods are also extended
to exporters of services and export credits are offered
to them at preferential rates. Substantial discounts in
insurance and port tariff rates for exportable goods are
being offered. Special attention is being paid to elevation
of the social esteem of exporters and regulations have
been approved by the cabinet for the motivation of ideal
exporters and shall soon become effective. Effective steps
have been taken for the promotion of exports to CIS countries
and baggage trade has been flourishing in these markets.
During the first six months of 1378 (from 21 March 1999
to 21 August 1999) the country has earned about $ 60 million
from such trade. |
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| With the setting up of The
Center of Export Services for the provision of services
and issue of export permits by all executive bodies under
one roof, the road has been paved for the entry of young
and enterprising forces into the export arena. Today,
we witness the increasing presence of new enthusiastic
and active exporters in the field of foreign trade. It
needs to be stated that the future strategy of the Export
Promotion Center is focused on three factors provision
of information, marketing research, and export institutions.
The Center of Export Services which coordinates the
uncoordinated activities of the executive bodies shall
provide services to the exporters on the basis of the
above mentioned three factors.
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