Iran Carpets Sanctions

Face creams and carpets among products affected the us is re imposing sanctions lifted on iran as part of the 2015 nuclear deal.

Iran carpets sanctions.

Industry hit by sanctions and economic crisis. Sanctions last year nearly 100 million worth of persian carpets were exported to the u s. News business business analysis features iran s tragic carpets. The importation into the united states of iranian origin carpets and foodstuffs and certain related financial transactions pursuant to general licenses under the iranian transactions and.

He banned some imports of iranian foodstuffs and carpets in 2010 and congress also allowed him to tighten iranian sanctions with the comprehensive iran sanctions accountability and divestment act cisada. Once the biggest exporter of carpets in the world the country s trade has been hit hard by western sanctions. The rug industry is the country s second largest exporter but is now struggling. Obama s sanctions of iran.

After the lifting of. President barack obama has been strident with iranian sanctions. Iran s persian carpet industry fears having the rug pulled from under it by u s. Exports have shrunk by 33 percent since 2009 according to iran s state news.

Pursuant to this directive once the first wind down period ends on 6 august 2018 the government of the united states will revoke several jcpoa related authorizations regarding sanctions on iran namely. Face creams and carpets among products affected. The rug industry is the country s second largest exporter but is now. The iran deal known as the joint comprehensive plan of action jcpoa was an agreement reached between the p5 1 countries and iran over its nuclear program.

In exchange for some sanctions relief iran has agreed to curb some of its nuclear related programs. The iran deal was implemented in january 2016. The us is re imposing sanctions lifted on iran as part of the 2015 nuclear deal.