Payment of export incentives in the form of grants and interest on bank facilities

Payment of export incentives in the form of grants and interest on bank facilities
  • 2020-09-12
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The Director General of the Trade Development Organization of Iran, referring to the announcement of the non-oil export support package by the First Vice President and the development of relevant procedures, as well as the announcement and allocation of part of the export incentive budget by the Planning and Budget Organization, prioritize the payment of export incentives. And announced the launch of commercial infrastructure, especially in the border provinces.

According to the International Iranian Stone Exhibition, Hamid Zadboom, referring to the correspondence with governors across the country as well as the provincial industry, mining and trade organizations regarding the introduction of infrastructure projects, explained the process of paying export incentives.

He added: The process of filing and paying export incentives in the field of infrastructure includes submitting a justification plan by the private sector investor to the province's Export Development Working Group and approving the plan and executor in this working group with the presence of all members and finally announcing to the Trade Development Organization of Iran. Was.

The head of the Trade Development Organization of Iran stated: After receiving cases from the Export Development Working Group of the province, a file and plan will be formed in the Export Incentive Working Group of the Trade Development Organization of Iran and finally a decision will be made regarding the payment of incentives. There are two forms of gratuitous assistance and profit assistance of bank facilities from project completion and approval of items.

In the end, Zadboom asked the applicants to receive export incentives, while reviewing this year's non-oil export support package, by referring to the provincial industry, mining and trade organizations to submit their applications according to the criteria.

* ILNA