The Minister for Industry, Mine and Trade, Reza Rahmani has been dismissed by Iranian President, Hassan Rouhani on May 11.
The President’s office didn’t provide any specific reason for the removal of the Minister. Minister for Industry, Mine and Trade, Reza Rahmani has been facing criticism over his inability to contain rising prices of cars in the market, over the past week. Iran’s balance of trade has widened under Rahmani.
Reza Rahmani has been on off for several weeks and the Iranian President was waiting for a decision in the Parliament, to allow the establishment of an independent Ministry for Trade, which was rejected by the Parliament on May 10.
Iranian President, Hassan Rouhani issued an order on May 11, naming Hossein Modarres Khiabani as the new caretaker for the Ministry of Industry, Mine and Trade. Khiabani was a Deputy Minister under Rahmani and has served in various posts in the Ministry for the past 17 years.