TEHRAN -- The Export Promotion Center of Iran will henceforth be called the Trade Promotion Organization of Iran according to a proposal by Management and Planning Organization and the approval of the High Administrative Council.

Announcing this, the Public Relations Department at Management and Planning Organization (MPO) said on Tuesday that Export Promotion Center of Iran (EPCI) will be renamed as the Trade Promotion Organization of Iran (TPOI) while retaining its legal duties and responsibilities.

TPOI will remain state-run and an affiliate of the Commerce Ministry, said the announcement.

The Commerce Ministry is to draw up the charter of the newly emerged organization within four months.