Markets and trade
 

Detail

Area
Iran
Commodity Group
Oilseeds, oils and meals
Commodity
Selected oilseeds and oils/fats
Date
01/12/2019
Policy Category
Consumption and marketing
Policy Instrument
Market regulation
Description
Launched a programme facilitating the importation of selected basic goods, including edible oils and oilseeds, in a bid to ensure adequate domestic food supplies.
Notes
ISLAMIC REP. OF IRAN – import policy, non-tariff measure (market regulation): To ensure adequate domestic supplies, the Iranian Government decided to subsidize the importation of a number of basic goods, including edible oils and oilseeds. Reportedly, importers will be provided with USD 14 billion in the form of official-rate foreign exchange.