Iran temporarily suspends imports of luxury goods
Azerbaijan, Baku, Mar. 2/ Trend F.Milad/
Iran has temporarily stopped importing 400 luxury goods, the deputy industry, mine and trade minister stated.
Hamid Safdel told ISNA news agency that the goods had not been imported at all during the past (calendar) year. "This issue showed that there is no demand for such goods in the country, so we decided to stop the order registration for the goods for the time being," Mr Safdel added. The move is also in line with supporting domestic producers, he noted.
Iran's total value of foreign trade during the first 11 months of the current calendar year (ended on February 19) exceeded $93.87 billion dollars, the Iranian Customs Administration director said.
Abbas Memarnejad told IRNA news agency that non-oil exports (including gas condensates) amounted to 68.6 million tons which was valued at $39 billion in the aforementioned period of time, showing a 28.5 per cent rise year on year.
Meanwhile, imports totalled 33.5 million tons and worth $54.8 billion, showing a 6.4 per cent fall compared to the same period last year.
China and the UAE were the main importers and the exporters of Iranian goods accounting for 16.7 per cent of the total imports and 32.6 per cent of the total exports respectively.