Iran: Goods Clearance Eased As Customs Terminals Face Rising Cases of Abandoned Imports

An increasing number of consignments have been piling up at customs terminals of major Iranian ports, without being claimed by their owners. The issue took center-stage at Saturday’s joint meeting between the representatives of Tehran Chamber of Commerce, Industries, Mines and Agriculture (embodying the private sector) and the government.

To halt the slide of local currency, the government announced it would replace the country’s dual exchange rate system with a unified one on April 11.