Ministry of Commerce (Iran)

وزارت بازرگانی

ID:13046 Section:

Updated:Tuesday 14th October 2014

Ministry of Commerce (Iran) Definition

(Wikipedia) - Ministry of Commerce (Iran) Ministry of Commerce Agency overview Formed Preceding Agency Dissolved Superseding agency Jurisdiction Headquarters
وزارت بازرگانی
January 1, 2000
Ministry of Cooperatives
August 3, 2011
Ministry of Industries and Business
Islamic Republic of Iran
Tehran, Iran
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The Ministry of Commerce of Iran was the main organ of the Government in charge of the regulation and implementation of policies applicable to domestic and foreign trade. This includes:

  • implementing commercial strategies and regulations,
  • promoting exports,
  • development programs,
  • import and export regulations,
  • pricing of domestic commodities,
  • domestic and international trade fairs and exhibitions.

The Ministry of Commerce was also in charge of managing the process of accession to the WTO.

  • 1 Trade Promotion Organization
  • 2 Export Guarantee Fund of Iran
  • 3 The Organization for the Protection of Consumers and Producers
  • 4 The Government Trading Company (GTC)
  • 5 See also
  • 6 References
  • 7 External links

Trade Promotion Organization See also: Iran International Exhibitions Company

The Trade Promotion Organization is affiliated to the Ministry of Commerce. It is in charge of promoting non-oil exports in Iran. It has close ties to the Institute of Standards and Industrial Research of Iran. Iran will increase its commercial attaches abroad from 11 to 30 in 2014.

Export Guarantee Fund of Iran See also: Iran Chamber of Commerce Industries and Mines

Affiliated to the Ministry of Commerce, the Export Guarantee Fund of Iran has been established in order to expand and promote exports, to protect exporters against non-commercial risks, which are normally not covered by the insurance companies, and to guarantee credits used for export of such goods and services.

The Organization for the Protection of Consumers and Producers See also: Iran''s targeted subsidy reform plan

The Organization for the Protection of Consumers and Producers (OPCP) is affiliated to the Ministry of Commerce. The main functions of OPCP are:

  • protecting and promoting domestic production;
  • protecting consumers against unusual price fluctuations;
  • monitoring, adjusting and controlling the price of products and services;
The Government Trading Company (GTC) See also: Agricultural production and consumption in Iran, Customs in Iran and Nutrition and healthcare in Iran

The GTC is affiliated to the Ministry of Commerce. The main objective of its establishment is to ensure food security in the country through procuring the basic commodities such as wheat, rice, raw sugar, raw oil, milk in powder, fertilizer, required by the public such as essential foodstuffs from domestic and foreign sources. Such commodities are distributed among consumers at subsidized prices. The activities of the GTC regarding the procurement of essential commodities are regulated by the statute "the Government Procurement Concerning the Supply of Basic Products and Foodstuffs Essential to the Public from Foreign Sources". The Ministry of Commerce has announced that it seeks to support domestic production by making the country self-sufficient in the food sector.

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