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Iran launches 60-day fee exemption for Hormuz Strait crossings
Iran's Supreme National Security Council announced that no fee will be charged for 60 days from ships wishing to cross the Strait of Hormuz. Following the decision, applications will be prioritized and processed quickly by the Persian Gulf Strait Authority.
Iran's Supreme National Security Council announced that no fee will be charged for 60 days from ships wishing to cross the Strait of Hormuz. The implementation was put into effect under a memorandum of understanding between the US and Iran.
According to the council's statement, no fee will be charged from those who apply for passage during this period. The related costs will be covered by the government of the Islamic Republic of Iran.
The Persian Gulf Strait Authority, established by Iran to oversee Strait of Hormuz crossings, was instructed to prioritize and process applications quickly to meet the objectives outlined in the memorandum of understanding.
The statement drew attention to the special conditions and certain security risks around the strait. It emphasized that ships must comply with the routes and timings provided to them.
The statement noted that compliance with these rules is important for the safe continuation of maritime traffic and the prevention of possible accidents. Officials reported that this approach aims to gradually increase the capacity of maritime traffic.
Details of the implementation and technical regulations for the Strait of Hormuz crossing will be announced separately by the Persian Gulf Strait Authority at a later date.
The statement also noted that necessary steps for other issues, including mine clearance activities, will be taken in accordance with Article 5 of the memorandum of understanding.
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