Iran seeking to reduce imports of non-essential goods
- Iran: Tuesday, October 16 - 2012 at 02:10
Iran has said it aims to cut imports of non-essential goods and urged its citizens to reduce their use of foreign-made mobile telephones and cars, as the country struggles to cope with Western economic sanctions, Reuters has reported. Authorities have divided imports into 10 categories based on how essential they are, and will provide importers with dollars at a subsidised rate to buy basic goods, said Iran's deputy industry minister Hamid Safdel. Meanwhile, importers of goods in two non-essential categories will have to obtain dollars at much more expensive rates on the open market, he said.
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