About Us
FAQ
Global Law Experts Logo
Global Law Experts Logo

Find a Global Law Expert

Specialism
Country
Practice Area

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

Iran's carpet exports to U.S. go from zero to millions

posted 7 years ago

TEHRAN- About $69 million worth of Iranian carpets were exported to the United States during the first 10 months of the current Iranian calendar year, ended on January 19, while the figure was zero in the entire preceding year, ISNA quoted Hamid Kargar, the head of Iran’s National Carpet Center, on Wednesday.

As Kargar elaborated, addressing the opening ceremony of a carpet exhibition in the northeastern province of Golestan, following the implementation of the nuclear deal in January 2016, Iran restarted exporting its carpets to the U.S. after about five years.

During the said time, Iran could manage to export $275 million of carpets to 80 countries across the globe, registering 19 percent increase in comparison with the same time span in the previous year, he said.

The exported carpets weighted 4,400 tons, showing 10 percent rise, the official added.

The U.S. imposed a ban on carpet imports from the Islamic Republic, among other products, in September 2010. It was Iran’s major market for Persian rugs and the sanctions caused total carpet exports to drop by 30 percent — the embargo meant no American could buy, sell or import Persian rugs, even if they were purchased outside of the Islamic republic.

But with many of the west’s sanctions lifted after Tehran reached a historic nuclear deal with western powers last year, the industry has been enjoying a boom and sales to America have increased.

Author

Find the right Legal Expert for your business

The premier guide to leading legal professionals throughout the world

Specialism
Country
Practice Area
0
LAWYERS RECOGNIZED
0 m+
EVALUATIONS OF LAWYERS BY THEIR PEERS
0
PRACTICE AREAS
0
COUNTRIES AROUND THE WORLD

Join

0
who are already getting the benefits

Sign up for the latest legal briefings and news within Global Law Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at any time.

Newsletter Sign Up

About Us

Global Law Experts is dedicated to providing exceptional legal services to clients around the world. With a vast network of highly skilled and experienced lawyers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.

Contact Us

Stay Informed

Join Mailing List

GLE