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Iran Commerce Minister: New trade law in drafting stage

Iranian Commerce Minister Mohammad Shariatmadari said in Tehran on Saturday that a consumer friendly trade law is in the drafting stage at his ministry, IRNA reported.

Shariatmadari told a group of trade officials that the law dealing with both the public and private sectors, is to forge healthy competition, while opposing any kind of monopoly.

He said seven main committees are also in charge of drafting the Fourth Five-Year Economic Development Plan (2005-10), with his ministry being in charge of the joint Committee on Competition, while the Ministry of Economy and Finance has been assigned to run the Sustainable Development Committee.

He added that his ministry has on its agenda the establishment of a coherent economic system, high quality public service system, improvement of trade balance, providing relative welfare for different social classes, campaign against bureaucratic and financial corruption, recruiting and training strong and skilled manpower, market regulation, fair distribution of basic commodities and tariffs, establishment of a pricing system for goods and services, improvement of the consumption culture, preparing ground for import of standard goods, setting up a data bank for directors and managers, and further activation of control and monitoring sectors.

... Payvand News - 9/6/03 ... --

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