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Force majeure is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties ... Read More
According to a recent report by the Statistical Center of Iran, the country’s industrial exports’ value saw a 10.66% decline in the second quarter of the current Iranian year (started March 21) compared with last year’s Q2 ... Read More
An important obligation which foreign investors should duly take into account when intending to carry out projects for governmental counter-parties in Iran is the requirement of local content. ... Read More