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Iran allows private sector to import rice      
      
 
KARACHI (March 31 2004): The Iranian government has allowed the private sector to import rice on payment of 4 percent custom duty and 96 percent benefit tax.

The information has been conveyed to Rahim Janoo, founder-chairman of Rice Exporters Association of Pakistan (Reap) by Pakistan's Commercial Counsellor in Teheran.

The commitment was made by the Iranian side at the 24th session of Pakistan-Iran joint Economic Commission held in Islamabad recently.

The Iranian side committed that import of rice would be allowed with from 'new year' beginning from March 20.

The Counsellor has said that as the Iranians observe holidays for about two weeks on the occasion of their new year 'Nauroze', it was difficult to contact any official during that period.

The Pak mission, however, succeeded in contacting the Iranian officials at the Ministry of Commerce and obtained the new book of import tariff in Persian.

According to the 'book', rice can now be exported to private parties in Iran on payment of customs duty at the rate of 4 percent and commercial benefit tax of 96 percent.

The 'book' does not mention anything about import, which means that now the private sector can also import.

Pakistan's mission suggested that Reap should arrange rice packs as 'Nauroze gifts' for officials and important personalities which would help Pakistan to market its super quality rice in the Iranian market.

Since rice constitutes major portion of Pakistan's exports to Iran, Reap should be on the forefront to make marketing gestures like arranging rice packs as gifts.


Courtesy Business Recorder          
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