Problems relating to Trade and Investment on Iran
2. Grant of a preferential tariff rates based on increased home production, and/or local procurements |
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Issue |
Issue details |
Requests |
Reference |
| (1) Preferential Measures to Domestic Steel Industries | - As a measure to protect the domestic steel industry implemented since March 1982, sometimes, GOI requires foreign investors to obtain "Non-Production Certificate" on products manufactured at the domestic mills. | - It is requested that GOI repeals the system or deregulates the procedures. | |
| (2) Preferential Booking of Home Country Vessels | - In March 1982, the Central Bank of Iran (CBI) promulgated a notification compelling the use of Islamic Republic of Iran Shipping Lines (IRISL), a state-owned carrier. Particularly due to the substantial volume involved in the governmental procurement, GOI has strictly enforced the requirements under this notification on goods destined to governmental institutions. In October 1990, GOI compelled the use of IRISL for the lot of 500MT or more in principle. However, foreign flag carriers may be used by payment of 10% penalty over the ocean freight. | - It is requested that CBI repeals the prioritising requirement for use of the state-owned carrier. | |
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