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Iran to offer reduced banana import tariff if traders also export oranges

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Staff Writer | November 16, 2017
As per a regulation ratified by the government, bananas can be imported into Iran at a low tariff of 5% if oranges are exported in return.
banana oranges
Food trade   If traders want only to import bananas...
If traders want only to import bananas without any orange exports, they are required to pay a 20% tariff.

Before the new regulation, banana import tariff stood at 26%, Mehr News Agency reported.

Previously, the government had conditioned banana imports on the exports of either apples or raisins. The new regulation adds oranges to the list.