China Raises Tariff on Iran Saffron
Economy, Domestic Economy

China Raises Tariff on Iran Saffron

China has raised import tariffs on certain agricultural products, including Iran’s saffron, says Seyyed Hashem Naqibi, an official with Khorasan Razavi Agricultural Jihad Organization. This is while China imposes next-to-zero tariffs on imports from several countries. This, according to the official has led to smuggling of Iranian saffron to third countries from where it is re-exported to China, IRNA reported. According to Naqibi, Iran accounts for around 95% of world saffron production. More than 350 tons of the expensive spice was produced in Iran last year, indicating a 25% rise compared to the precious year, of which 130 tons were exported. The UAE, Spain, China and Hong Kong have until recently been the biggest destinations for Iranian saffron.

Short URL : http://goo.gl/QbHrRM
  1. http://goo.gl/Xj8Usv
  • http://goo.gl/CfZSe7
  • http://goo.gl/hWt3tu
  • http://goo.gl/Dx3EKD
  • http://goo.gl/Npz2zl

You can also read ...

Musk Bid for Tesla Still Murky
Tesla Inc’s board named a special committee of three directors...
VDMA Backs Iran Trade
Germany’s plastics and rubber machinery trade association,...
S. Korea Bans Recalled BMWs Over Fire Fears
The South Korean government has said it will ban about 20,000...
Potato Seeds Imported From  5 Countries
More than 875 tons of potato seeds worth $1.63 million were...
Central Bank of Iran Against Market Intervention
Central Bank of Iran's Governor Abdolnasser Hemmati said the...
Tehran Shows 4th Biggest Upturn in Economist’s Livability Index
Tehran is one of the top five cities in the world to have...
Persian Melon Exports Earn $34 Million
Iran exported 88,940 tons of Persian melons worth $34.43...
Decline in Non-Oil Trade With Taiwan
Iran traded 455,922 tons of non-oil commodities worth $326.43...