TEHRAN – About 20,000 brand-new passenger cars have been imported and cleared from the customs of the country since the beginning of the current Iranian calendar year (March 20) up to September 15, according to the Islamic Republic of Iran Customs Administration (IRICA).

Based on the IRICA data, the value of the imported cars is estimated to be about $390 million, Mehr News Agency reported.

As reported, some 1,647 passenger cars, valued at $35 million, were imported into the country in the past Iranian calendar year’s same period.

Iranian Industry, Mining, and Trade Ministry lifted the ban on car imports in late May 2022.

EF/MA