Resolution on determining the status of cross-border joint markets

Resolution on determining the status of cross-border joint markets

Resolution on determining the status of cross-border common markets (deletion, creation, merger, transfer and retention)

Approved 1396/4/14

In the meeting of 4/14/2017, on the proposal No. 132361/60 dated 15/6/1594 of the Ministry of Industry, Mines and Trade, and based on Article (11) of the Law on Export and Import Regulations, approved in 1993, the Council of Ministers approved:

The status of cross-border joint markets (deletion, creation, merger, transfer and retention) is determined as described in the attached table, which is approved by the Cabinet Office, subject to the following conditions:

1- The place of providing the necessary credit resources for the establishment and creation of the infrastructure of the new border joint bazaar will be from the place of the relevant credits in the province of that bazaar.

2- The official start of any new border joint market is conditional on the completion of the required infrastructure of that common border market at the discretion of the working group. Note (1) of Article (103) of the Law on Customs Affairs, approved in 2011.

3- The purpose of integration is to maintain a common border market with the existing procedure that any customs operations will be under the responsibility of the border customs.

4- The establishment of a new border bazaar is subject to obtaining the consent of the other country in the establishment of mutual facilities and activities and the approval of the Cabinet.

5- The method of integration is in accordance with the instructions issued by the Ministry of Economic Affairs and Finance (Customs of the Islamic Republic of Iran).