Iran Sanctions Persian Rugs

Iran s persian carpet industry fears having the rug pulled from under it by u s.

Iran sanctions persian rugs.

Renewed sanctions on iran have put pressure on many iranian american business owners. After the lifting of. In june online retailer etsy. Came to around 80 million a year or 16 percent of iran s total shipments.

By 2010 just before the latest round of sanctions were reinstated persian rug exports to the u s. Inside iran sales of. The most recent trade restrictions. Sanctions last year nearly 100 million worth of persian carpets were exported to the u s.

Sanctions were first levied against iran in 1979 after the iran hostage crisis prohibiting the import of all goods from iran. These sanctions were lifted in 1980 and the rugs flowed in again. In southern california home to the largest persian community outside of iran the end of the embargo is reinvigorating a commercial lifeline that had gone cold for the nearly six years that. Only the sale of persian rugs already in the us is permissible.

One man who has been in the industry for decades plans on retiring in the face of another embargo on persian. Persian rug dealers are not new to sanctions on their businesses which have been on and off for over 30 years. Iran s persian rug industry previously brought in 425 million a year but with sanctions prohibiting the carpets from being imported to the us and limiting tourists ability to buy carpets in.