Contraband Chewing Gum
Economy, Domestic Economy

Contraband Chewing Gum

About $440 million worth of chewing gum are smuggled into the country every year. According to Jamshid Maghazei, the head of the Association of Iranian Confectionery Manufacturing Companies, besides harming domestic production, consumption of contraband gum poses health risks as there is no supervision over the quality of smuggled products, Eghtesad News reported. Considering the improving standards of domestic products, the official called for the advertising of local brands to wean consumers off foreign gum. Iran has exported millions of dollars worth of chewing gum to Afghanistan, South Africa, the UAE, Bahrain, Tajikistan, Tanzania, Russia, Kyrgyzstan, Qatar and Kuwait in the current Iranian year (started March 21).


Short URL : https://goo.gl/DqHEzs
  1. https://goo.gl/Aa5fV6
  • https://goo.gl/6vWW5H
  • https://goo.gl/NZh7da
  • https://goo.gl/3VI7ne
  • https://goo.gl/pJ9Ivo

You can also read ...

Iran Signs €500 Million Finance Deal with Denmark
Denmark's Danske Bank signed a €500 million finance contract  ...
Iran, Austria Banks Finalize €1 Billion Finance Deal
Austria's Oberbank signed a finance deal worth €1 billion with...