پیمان پاک

The head of Iran Trade Promotion Organization announced finalization of mechanism for using cryptocurrencies in field of foreign trade in a meeting of joint foreign exchange working group between Ministry of Industry, Mine and Trade and Central Bank.

IBENA- Alireza Peyman Pak, Deputy Minister of Industry, Mines and Trade and Head of Iran Trade Promotion Organization, tweeted;

In first meeting of Joint Foreign Exchange Working Group between Ministry of Industry, Mines and Trade and Central Bank, following items were approved to facilitate foreign trade:

1. Approve possibility of termination of foreign exchange obligation of all exporters (except raw materials) for import of all authorized goods

2. Possibility of Credit import of Integrated foreign exchange trading system (NIMA) goods on a quarterly basis

3. Finalizing mechanism of using cryptocurrencies in field of foreign trade

4. Draft approvals of Article 2 Working Group with aim of assignment of debtor exporters of foreign currency left over from 2019.

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