Contraband Seized
Economy, Domestic Economy

Contraband Seized

Tehran police confiscated two containers of contraband carrying foreign clothes, bags and stationery worth 11.5 billion rials ($325,779) over the weekend, IRNA reported. According to Iran’s Anti-Smuggling Organization, the estimated value of goods smuggled in and out of the country during the past Iranian year that ended in March was $15 billion. Cigarettes, cellphones, apparel, cosmetics and medicine currently top the list of the contraband in the domestic market. Fuel, which once was the most favored commodity smuggled out of the country due to its cheap prices, no longer features on the list.

Short URL : http://goo.gl/xHqcko
  1. http://goo.gl/rUwfPY
  • http://goo.gl/VBh59o
  • http://goo.gl/YZKAXP
  • http://goo.gl/guRpJO
  • http://goo.gl/rPJCIJ

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...