Economy, Domestic Economy
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Massive Hoard of Shoe Raw Materials Confiscated in Tehran

Massive Hoard of Shoe Raw Materials Confiscated in TehranMassive Hoard of Shoe Raw Materials Confiscated in Tehran

A stash of shoe production raw material, including glue, soles, heels and shoelaces, hoarded in a warehouse in Tehran’s Kahrizak District in Rey County was confiscated by ‘Tazirat’ Organization (a judiciary-affiliated oversight entity dealing with trading offenses) on Monday.
According to a producer, accompanying the inspection officers, the confiscated raw materials were sufficient to produce a year›s supply of shoes for the entire domestic market. 
The warehouse belonged to an importer who had received subsidized foreign currency to purchase the goods, the Persian news website Fararu reported. 
Shoe producers in Tehran Bazaar had, over the past few days, staged protests against the shortage of raw material. 
 

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