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Saffron: smuggling gains traction

June 7, 2022 9:40 AM, Der AUDITOR
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TEHRAN. Illegal smuggling activities have hit Iran’s saffron market hard in recent months. Exports have, in fact, declined by 45% this year so far as compared with the same period last year. Sudden hikes in customs tariffs have given rise to this trend.

Legal exporters at a disadvantage

Problem is that authorities in Iran set tariffs at will and without prior notice meaning that it is extremely difficult for suppliers to calculate costs. The government, for instance, raised import and export tariffs for a whole range of products in March as a means of safeguarding supplies for local buyers amid the hike in global prices due to the war in Ukraine. Another issue is the complex currency exchange system in place within the country, which forces exporters to return foreign currencies and generates additional problems fo

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