The Ministry of Commerce of Iran was the main organ of the Government in charge of the regulation and implementation of policies applicable to domestic and foreign trade. This includes:[1]
implementing commercial strategies and regulations,
Affiliated to the Ministry of Commerce, the Export Guarantee Fund of Iran has been established in order to expand and promote exports, to protect exporters against non-commercial risks, which are normally not covered by the insurance companies, and to guarantee credits used for export of such goods and services.
The Organization for the Protection of Consumers and Producers
The GTC is affiliated to the Ministry of Commerce. The main objective of its establishment is to ensure food security in the country through procuring the basic commodities such as wheat, rice, raw sugar, raw oil, milk in powder, fertilizer, required by the public such as essential foodstuffs from domestic and foreign sources. Such commodities are distributed among consumers at subsidized prices. The activities of the GTC regarding the procurement of essential commodities are regulated by the statute "the Government Procurement Concerning the Supply of Basic Products and Foodstuffs Essential to the Public from Foreign Sources".[citation needed]
