TEHRAN - Iran's Deputy Transport and Urban Development Minister Shahriyar Afandizadeh said the ministry has approved new regulations for the establishment of companies active in port and maritime fields, the ministry’s portal reported.

“In line with the general policies of the maritime economy development that were emphasized by the Leader of the Islamic Revolution to the heads of the three government branches and the head of the Expediency Council, the regulations for the establishment and operation of port and maritime companies were approved by the government’s Supreme Transport Coordination Council,” Afandizadeh said.

According to the official, the new regulations are aimed at developing the country’s maritime economy.

After some additional amendments, the regulations should be announced by this council for implementation, he added.

EF/MA