2,500 commercial cards suspended

Financial Tribune – Iran’s Trade Promotion Organization suspended 2,500 commercial ID cards after their owners failed to heed government warnings regarding the return of overseas export currency earnings, head of the TPO said.

Addressing reporters Monday, Hamid Zadboum said the suspended commercial cards were owned by “non-manufacturing” export companies who repatriated zero earnings, the TPO website reported.

Referring to the regulations, Zadboum warned that the TPO will nullify commercial cards of manufactures unless they too meet all their financial obligations by the end of current calendar month (July 21).

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