Persian Rug Embargo 2018
No other country currently has plans to enact an embargo on iranian made carpets.
Persian rug embargo 2018. Iran s persian rug industry previously brought in 425 million a year but with sanctions prohibiting the carpets from being imported to the us and limiting tourists ability to buy carpets in. Here is the article from the department of the treasury detailing the specifics. For those with supportive sales figures and statistics this is likely a smart move. Renewed sanctions on iran have put pressure on many iranian american business owners.
If you own a persian rug it s valuable. The last persian rug embargo began in 2010 and was lifted in early 2016. Government put in place an embargo against goods from iran. Embargo on persian rugs lifted in iran has changed everything.
Allies iran and. This includes persian rugs coming into or going out of the. Since september 2010 the u s. President announced his decision to re impose certain sanctions relating to iran etsy said in an email to persian rug vendors that use its site.
After the lifting of. The embargo on persian rugs lifted in iran has made it easier for collectors to buy and sell these beautiful rugs to individuals in other countries who appreciate and cherish their beautiful qualities. Sanctions last year nearly 100 million worth of persian carpets were exported to the u s. According to the below article these sanctions will be reinstated on august 6 2018.
According to the below article these sanctions will be reinstated on august 6 2018. Previously persian carpets were caught in the middle of an ongoing international struggle between the u s. What follows is pertinent rug commentary. On may 8 2018 the u s.
Iran s persian carpet industry fears having the rug pulled from under it by u s. That is the news. One man who has been in the industry for decades plans on retiring in the face of another embargo on persian rugs.