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Global Trade Alert

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Iran: Government allows foreign banks to establish branches in Iran

Description

On 18 March 2009, the Council of Ministers with its decree Number 87/67813 has set the rules for regulating the activity of foreign banks .For years, Article 44 of the Iranian Constitution placed bank...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

18 Mar 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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