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The Iranian domestic manufacturers of apparel have been hard hit by excessive imports in recent years. To revive the Iran’s aging apparel industry, the Ministry of Industries, Mining and Trade has announced a new directive measures.
Under the new directive foreign representatives, branches and distributors of apparel in Iran seeking business licenses are required to produce goods worth 20% of their import value (in rial terms) inside Iran and at least 50% of this domestic production be exported.
