“Last year (March 2016-17), the figure shrank to $12-13 billion, indicating a substantial decrease of 50% compared to the year Rouhani came to power,”
Iranian authorities have made new decisions with regard to import regulations for curbing rampant smuggling of clothes into the country.
“In the past, many apparel producers and distributors were able to import their products directly into the Iranian market, but recently we have devised new rules and regulations under which they must have registered official representatives,” President of Trade Promotion Organization of Iran and Deputy Minister of Industries, Mining and Trade Mojtaba Khostrotaj told Financial Tribune.
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