Law on Maximizing Utilization of Domestic Production Capacity and Supporting Iranian Goods

The Law on Maximizing the Use of Domestic Production and Services and Supporting Iranian Goods is a significant piece of legislation aimed at strengthening the country’s economy by prioritizing local production and services. It was introduced as part of broader efforts to reduce reliance on imports, support domestic industries, and promote self-sufficiency in key economic sectors.

Under this law, public institutions and entities involved in state-funded projects are required to prioritize Iranian goods and services, provided they meet the necessary quality and technical standards. This approach seeks to create a supportive environment for local producers and service providers, encouraging their growth and enhancing their competitiveness in both domestic and international markets.

The law includes several important provisions, such as priority for domestic suppliers, support for local businesses, regulatory oversight, and focus on technology transfer.