44768
Cheap Contraband Thorn in Apparel Industry’s Side
Economy, Domestic Economy

Cheap Contraband Thorn in Apparel Industry’s Side

Most garments sold under Turkish and Chinese brands are leftovers from sales and shoddy products smuggled into Iran, an official with Iran Textile Exporters and Manufacturers Association said. “These products cannot compete with Iranian items in terms of quality, but their cheap prices are causing problems for the domestic industry,” ISNA also quoted Saeed Hosseinzadeh as saying. “Import tariffs were reduced from 200% to 55% to curb smuggling, yet the market is replete with contraband products,” he added.

Short URL : http://goo.gl/FgFYDH
  1. http://goo.gl/J4Dlaf
  • http://goo.gl/6w7zoK
  • http://goo.gl/Nj2PcV
  • http://goo.gl/TdLXp7
  • http://goo.gl/JyMMoX

You can also read ...

Turkey Worries Over Impact of Anti-Iran Sanctions
Turkey’s Economy Minister Nihat Zeybekci said his country “...
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...
Gao Feng
China will maintain normal relations with Iran, the Commerce...
Fintech Event Highlights Women Business Leaders
The 5th round of Iran’s Financial Technology Event known as...
Train Fares  Rise 10%
Train fares have risen by 10% as of June 22, a member of the...
Mobile Phone Imports on the Rise
Iran’s cellphone imports bill for the first two months of the...
Iran’s startup ecosystem has boomed in recent years.
Privately owned Bank Pasargad is poised to increase its...
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...

Trending

Googleplus