85184
Silk Thread Import Tariff  Up 26 Percent
Silk Thread Import Tariff  Up 26 Percent
Tuesday, April 24, 2018

Silk Thread Import Tariff Up 26 Percent

Tuesday, April 24, 2018

Silk Thread Import Tariff Up 26 Percent

The import tariff for silk thread has increased from 15% last year to 26% in the current fiscal year (started March 21), the head of Sericulture Expansion Center affiliated with the Ministry of Agriculture said. “This is while tariff for cocoon imports remains at 5%, the same as last year. This should encourage merchants to import cocoons rather than silk threads, which will in turn help silk factories and workshops that were closed down to get back on their feet,” Ali Asghar Dadashpour was also quoted as saying by Mehr News Agency.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/wcL4ed
04/24/2018
  1. https://goo.gl/yiosbU
  • https://goo.gl/QTgojo
  • https://goo.gl/fzcsHn
  • https://goo.gl/XR7CZj
  • https://goo.gl/Efj3Sr

You can also read ...

Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Deputy Economy Minister Defends Gov’t Forex Policy
The government’s policy to allocate dollars and euros to...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Plastic Production Plant Launched in Chabahar
A factory producing different kinds of plastic products was...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...

Add new comment

Trending

Googleplus