INDICES
  • Samba 65 00% 56.65%
    Joga2002 635.254 50% 63.63%
    Bra52 69 23.145% -63.25%
    Joga2002 635.254 50% 63.63%
  • HangSang20 370 400% -20%
    NasDaq4 33 00% 36%
    S&P5002 60 50% 10%
    HangSang20 370 400% -20%
    Dow17 56.23 41.89% -2.635%
-

EghtesadOnline: China has raised import tariffs on certain agricultural products, including Iran’s saffron, says Seyyed Hashem Naqibi, an official with Khorasan Razavi Agricultural Jihad Organization.

This is while China imposes next-to-zero tariffs on imports from several countries. This, according to the official has led to smuggling of Iranian saffron to third countries from where it is re-exported to China, IRNA reported. According to Naqibi, Iran accounts for around 95% of world saffron production. More than 350 tons of the expensive spice was produced in Iran last year, indicating a 25% rise compared to the precious year, of which 130 tons were exported. The UAE, Spain, China and Hong Kong have until recently been the biggest destinations for Iranian saffron.

China import tariffs Iran’s saffron Hashem Naqibi