Iranian Traders at IITF Air Grievances
Economy, Domestic Economy

Iranian Traders at IITF Air Grievances

Iranian businesses attending the 35th India International Trade Fair, which was held in New Delhi, India, on November 14-27, complain about the host country’s cumbersome customs regulations, imposition of additional costs and delay in visa issuance for traders.
“India’s strict regulations and irrational requests led to delay in discharge of commodities and, thus, imposition of additional costs that raised the price of Iranian products,” IRNA quoted a trader in IITF, Mostafa Asadi, as saying.
According to Asadi, India’s Board of Excise and Customs charged the traders $1,500 per day for storage costs.
He said Iranian traders in IITF were not able to compete with other countries as they had to raise their prices almost twofold the regular tags.
Hossein Bamiri, Iran’s commercial attaché to India, says complications related to issuance of visas are one of the main barriers to trade with the country.
“Conditions are such that each Iranian trader can only get a visa not more than twice a year,” he said.

Short URL : http://goo.gl/kEF285
  1. http://goo.gl/YN3Khk
  • http://goo.gl/6C4UOF
  • http://goo.gl/znY9RA
  • http://goo.gl/L1WRak
  • http://goo.gl/B3SARd

You can also read ...

Turkey Worries Over Impact of Anti-Iran Sanctions
Turkey’s Economy Minister Nihat Zeybekci said his country “...
Gao Feng
China will maintain normal relations with Iran, the Commerce...
Currently, each US dollar is reportedly being traded for as much as 75,000 rials in Tehran’s black market.
Seventy days after the government decided to unify the US...
Fintech Event Highlights Women Business Leaders
The 5th round of Iran’s Financial Technology Event known as...
Iran, Syria Revive Talks of Setting Up Joint Bank
Central Bank of Iran’s Governor Valiollah Seif discussed the...
Iran’s Minister of Industries, Mining and Trade Mohammad Shariatmadari (L) and Serbian Minister of Trade, Tourism and Telecommunications Rasim Ljajic (2nd R) address a press conference in Belgrade on June 21.
Iranian Minister of Industries, Mining and Trade Mohammad...
Iran’s startup ecosystem has boomed in recent years.
Privately owned Bank Pasargad is poised to increase its...
50% of Non-Oil Exports to Iraq Via Parvizkhan
About 50% of Iran’s non-oil exports to neighboring Iraq are...