The Fate of the Car Import Case Became Like the JCPOA

IranGate
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The Fate of the Car Import Case Became Like the JCPOA

The fate of the car import case has become like the JCPOA.

It has been announced for months that car imports are supposed to resume, but there is still no news.

Last year, protests over the low quality and high price of domestic cars led the parliament to get involved, allowing the government to import cars through legislation.

After that, the drafting of the import regulation was assigned to the Ministry of Industry, Mine and Trade, and that’s where things got stuck.

According to Ebrahim Raisi’s directive, the import ban was supposed to be lifted by the end of June at the latest, but now that the fifth month of the year is also ending, there is not even news of the regulation’s approval.

Tejarat News has reported that it seems the story of foreign cars entering Iran has met the same fate as the JCPOA negotiations, as no one knows when it will end.

On one hand, the Ministry of Industry, Mine and Trade announces the registration of foreign car orders, while on the other hand, the Central Bank, due to a shortage of foreign currency resources and the potential increase in the dollar’s price, is opposing car imports.

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