3-Month Forex Repatriation Relief for Iran's Exports to Qatar

The Trade Promotion Organization of Iran is temporarily easing forex repatriation for traders exporting to Qatar, the TPO chief said. “It has been decided to let companies selling to Qatar to repatriate 70% of their proceeds from August 23 to Nov. 21” Alireza Payman-Pak was quoted as saying by the TPO website.  The facility is available only for five categories of goods, namely food, fresh fruits, dried fruits, carpets and handicraft.  Exporters can return their income within six months after the date of export. - Financial Tribune