Seyyed Ali Madanizadeh,
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Economy Minister: Iran Has Paid $80 Million in Insurance Compensation for Ships and Aircraft
Seyyed Ali Madanizadeh, Iran’s Minister of Economic Affairs and Finance, said in a televised interview: “In the insurance sector, approximately 50 trillion tomans have so far been paid in compensation for damage to vehicles and residential properties (which have suffered damage during the recent US and Israeli attacks on Iran). In addition, around $80 million has been paid to cover losses sustained by ships and aircraft."
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Iran Launches New Phase of Trade Facilitation to Cut Border Delays
Iran is moving to the next phase of its trade facilitation programme, shifting the focus from faster customs clearance to reducing the time goods and trucks spend at border crossings. The initiative follows a sharp decline in average customs processing time, from 143 hours to 73 hours, and includes plans to introduce coordinated border management and expand direct-through transport procedures.
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Iran Closes in on Three-Day Customs Clearance Target as Cargo Dwell Time Halves
TEHRAN —Iran has cut the average time required to clear goods through its customs facilities from 143 hours to 73 hours, bringing the country to within roughly one hour of its three-day customs-clearance target, according to the Islamic Republic of Iran Customs Administration (IRICA).