68326
Cigarette Smuggling at $800m p.a.
Cigarette Smuggling at $800m p.a.

Cigarette Smuggling at $800m p.a.

Cigarette Smuggling at $800m p.a.

Cigarette consumption in Iran stands at 55 billion a year, of which 6 billion with an estimated value of 30 trillion rials ($800 million) are smuggled into the country, the head of Tobacco Planning and Supervision Center said. “Cigarette smuggling has been on a major downtrend since the fiscal 2013-14. However, it still takes a heavy toll on budget and the economy as well as local production,” Ali Asghar Ramzi added. The official had earlier put the number of smuggled cigarettes into the country at 2.15 billion in Q1 (March 21-June 21, 2017), 48% fewer than last year’s corresponding period. “The number of smuggled cigarettes confiscated last year rose to 1.74 billion from only 240 million in the fiscal 2013-14,” Amir Mohammad Parhamfar, another official with the center, said.

Short URL : https://goo.gl/ieBUVb
  1. https://goo.gl/3i7XqW
  • https://goo.gl/xfeqLk
  • https://goo.gl/DYMQBE
  • https://goo.gl/hdCpLN
  • https://goo.gl/1pp4Fu

You can also read ...

Telegram Raises $850m From Investors Before Planned ICO
The chat app company Telegram filed documents with the US...
Ban on Contraband Cellphones in Iran Reaches LG
Following the government’s belated policy of curbing cellphone...
On Sunday, the rial traded at 46,130 to the dollar, up 1.8%. 
With its foreign exchange package now in full swing, the...
Iran-Greece Trade Tops $1.5 Billion
Iran exported more than €1.26 billion worth of goods to Greece...
Facebook has to delete all data it has gathered on Belgian citizens.
A Belgian court threatened Facebook (FB.O) on Friday with a...
Intel Hit With  32 Lawsuits
Intel has revealed that the company is facing at least 32...
Iran Decision on FATF Agenda
The Financial Action Task Force–the global anti-money...
Polish Expo  in Tehran
An exhibition of Polish businesses and culture held in Tehran’...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus