COVID-19 forces down Iran's exports to Kuwait
TEHRAN, Iran, Sept. 30
The head of the Iran-Kuwait Chamber of Commerce Hani Feisali said that after the COVID-19 outbreak, Kuwait has limited its imports to metal containers and vessels.
"Considering the outbreak, accurate statistics on Iran-Kuwait exchanges are not available. Unfortunately, our trade with Kuwait has decreased,” Feisali said.
“We have not received any statistics from the customs recently, but the latest statistics show that there has been a 36 to 40 percent decrease in exports to Kuwait,” he said.
He went on to say that currently, the trade with Kuwait are limited to a number of businessmen who have lived or resided in this country.
“Therefore, it is not possible to open a space for young traders, who intend to enter the Kuwaiti market,” said Feisali.
He added that another problem for Iranians doing business in Kuwait are the local laws there, which create additional problems.
"For example, wooden boats are not allowed to enter Kuwait, while food and vegetables should be export through refrigerated containers.”
He announced that the chambers of commerce get permission to set up a shipping line for refrigerated containers.