Head of Iran's Trade Promotion Organization says human intervention in FX allocation priority has been removed
Jul 28, 2026
Mohammad-Ali Dehghan Dehnavi, head of Iran's Trade Promotion Organization, said on Tuesday 28 July 2026 at the 42nd session of the Tehran Chamber of Commerce board of representatives that the process for prioritising foreign currency allocation has been fully systematised in cooperation with the Ministry of Industry, Mine and Trade's currency committee, and that human intervention has been removed from it. He said specialist deputies can now only prioritise commodity groups, with no ability to make decisions about individual applicants.
He added that foreign currency accounts for more than 90 percent of the discussion in trade related meetings, and that the Comprehensive Trade System is a set of 70 to 80 subsystems belonging to different bodies, in which the Trade Promotion Organization's share is under 10 percent. Dehghan Dehnavi also said the fall in foreign currency resources caused by wartime conditions meant a plan to scrap currency optimisation was not implemented, and that for some commodity groups the optimisation ceiling has fallen to zero, while the currency quota system is more restricted than last year.
Source
Mehr News Agency
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