19835
New Competition for Persian Rugs
Economy, Domestic Economy

New Competition for Persian Rugs

Cheap labor has given India and Pakistan a chance to grab hold of a market that Iran used to be a byword for: the hand-woven rug market, said the head of the Sellers of Hand-Woven Carpets Guild. Worker wages constitute 80% of the total costs of making a rug, therefore the end-prices of rugs increase when wages go up, ISNA quoted Mojtaba Araqchi as saying.

Short URL : http://goo.gl/H1QHC7

You can also read ...

Effects of Sanctions on Food Consumption of the Poor
It is now clear that the purpose of US sanctions against Iran...
CBI Moves to Sideline USD
As part of the latest measure to ditch the US dollar from the...
Surcharge on Forex Rate Difference “Illegal”
The retrospective application of Clause Five of the government...
New Online System to Monitor Warehouses Countrywide
All warehouses in Iran are required to register in the so-...
Bank Loans Hit €18 Billion in 4 Months
Banks and credit institutions allocated a total of 1.67...
Gov’t to Build  2 New Towns
The Iranian government will commence the process of building...
Sesame Oil, Products Imported From  6 Countries
More than 1.38 million tons of sesame oil and products worth $...
Optimism Over Prospects of Iran Stocks Performance
The latest Consensus Earnings Report shows the price to...

Trending

Googleplus