No. 32



Free Zones Official Criticizes Iran's Restrictive Foreign Exchange Policies

There is fresh evidence that the value of Iran's non-oil exports in 1374 (year to 19 March 1996) has fallen as a result of the strict exchange control policies and export regulations adopted in May 1995 by the Iranian monetary authorities to arrest the sharp decline in the value of the Iranian riyal. The Secretary of the High Council of Free Trade Zones, Mr. Morteza Alviri,...