34498
Inbound Smuggling 3 Times Outbound
Economy, Domestic Economy

Inbound Smuggling 3 Times Outbound

Illegal imports account for 75% of all the goods smuggled into and out of Iran, according to the head of Central Taskforce to Combat Smuggling of Goods and Foreign Currency. Habibollah Haqiqi said last Iranian year (ended March 20, 2015), smuggling declined to $19.8 billion from the preceding year’s $25 billion. Outbound smuggling dropped by 47% to reach $4.4 billion and inbound smuggling reduced by 9% to hit $15.4 billion. Fuel accounts for 90% of commodities smuggled out of the country, mainly through the cities bordering Afghanistan and Pakistan. This is because of the considerable difference between prices in Iran and those in neighboring countries. Garments, home appliances, cellphones, computers and parts, auto spare parts, cosmetics and cigarettes are the main commodities smuggled into Iran.

Short URL : https://goo.gl/b07MZ2
  1. https://goo.gl/gEsCJk
  • https://goo.gl/HFekIS
  • https://goo.gl/cXkoba
  • https://goo.gl/1tFEuk
  • https://goo.gl/fc2jdR

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...
Sanctions, Banking Troubles Facing Iranians in Hong Kong
Banking for companies that do business with Iran–as well as...
Sesame Oil, Products Imported From  6 Countries
More than 1.38 million tons of sesame oil and products worth $...

Trending

Googleplus