Parliament censured over rush to rewrite Iran’s trade law

Financial Tribune – Economic analysts and business people have time and again called for reforming Iran’s decades-old Trade Law. However, they also strongly disapprove of legislators’ ongoing rush to pass the new reform bill.

During a weeklong stretch this month, Iranian parliamentarians approved 12 chapters and 331 articles of “Book of Commercial Contracts”, one of the several voluminous books forming the crux of the Trade Reform Bill.

According to Hosseinali Haji Deligani, a member of Majlis Plan and Budget Commission, more than 100 clauses were read and approved in just two hours, which is a record!