AreaIran

Commodity GroupOilseeds, oils and meals

CommoditySelected oilseeds and oils/fats

Date01/12/2019

Policy CategoryConsumption and marketing

Policy InstrumentMarket regulation

DescriptionLaunched a programme facilitating the importation of selected basic goods, including edible oils and oilseeds, in a bid to ensure adequate domestic food supplies.

NotesISLAMIC 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.