Iran Carpets Sanctions

President barack obama has been strident with iranian sanctions.

Iran carpets sanctions.

After the lifting of. The iran deal known as the joint comprehensive plan of action jcpoa was an agreement reached between the p5 1 countries and iran over its nuclear program. The iran deal was implemented in january 2016. Industry hit by sanctions and economic crisis.

Now any company doing business with tehran could. Obama s sanctions of iran. Face creams and carpets among products affected. News business business analysis features iran s tragic carpets.

The importation into the united states of iranian origin carpets and foodstuffs and certain related financial transactions pursuant to general licenses under the iranian transactions and. The us is re imposing sanctions lifted on iran as part of the 2015 nuclear deal. Exports have shrunk by 33 percent since 2009 according to iran s state news. The rug industry is the country s second largest exporter but is now.

The rug industry is the country s second largest exporter but is now struggling. Sanctions last year nearly 100 million worth of persian carpets were exported to the u s. Iran s persian carpet industry fears having the rug pulled from under it by u s. Once the biggest exporter of carpets in the world the country s trade has been hit hard by western sanctions.

Industry hit by sanctions and economic crisis. In exchange for some sanctions relief iran has agreed to curb some of its nuclear related programs. He banned some imports of iranian foodstuffs and carpets in 2010 and congress also allowed him to tighten iranian sanctions with the comprehensive iran sanctions accountability and divestment act cisada.