...

Iran plans to introduce hologram to deal with fake imported car parts(exclusive)

Business Materials 30 January 2018 13:03 (UTC +04:00)

Tehran, Iran, Jan. 30

By Kamyar Eghbalnejad – Trend:

Iranian industry officials are planning to prepare an identification hologram to prevent illegal imports of fake products, an official with the Iran spare parts union told Trend.

“The issue of fake automotive parts is among the main problems of the industry. During a meeting on Monday we discussed a plan to design and use a hologram known as Shenasa (identify) which seeks to help distinguishing fake goods from original ones,” Gholamreza Bakhshizadeh, chairman of the Iran spare parts union, said.

Saying that there is no official statistics on the imports of fake parts, he estimated that fake products account for about 20 percent of the imported car parts.

“The exact amount is not known, possibly about 10 to 20 percent of imported supplies are fake, for example the Chinese poor quality products are imported instead of the German ones,” he added.

He also pointed to the impact of the surging foreign currencies against the Iranian national currency, rial, on the Iranian spare parts market.

“Although the US dollar rate against rial has increased, there is no increase in spare parts prices and the market is steady”.

The rate of US dollar against the Iranian rail has increased by about 20 percent over the current fiscal year (starting March 20) to stand at 45288 on January 30.

The Islamic Republic imported ‎$2.794 billion worth of car parts, making 7.4 percent of the country’s overall imports in the first nine months of the year. The figure indicates a 113 percent rise year-on-year.

Tags:
Latest

Latest