CNN reported
Iranian saffron in the shadow of trade sanctions
Saffron, which costs $ 65 per gram of high quality, in fact, gold is more expensive and laborious method of picking value because it still remained high.
According to ISNA, the American news network CNN wrote the introduction to the report: Iran saffron the undisputed capital of the world, dating back 3,000 years. The country produces more than 90 percent of the 250 tons of saffron are produced annually in the world.
But Iranian saffron trade in recent years has become more difficult and the international sanctions that have been imposed to prevent Iran from pursuing its nuclear program, prevent access to the lucrative markets of Europe, America and Canada, because companies and Iranian banks access the global financial system have been denied.
The report cites CNN M. spiritual, CEO of Saffron spiritual in Khurasan (province produces more than 70 percent of Iran’s Fran) wrote: We do not use banks. We have a private courier was expensive and communicate directly with our customers and trust them and that couriers are often scams.
Iranian companies to circumvent banking restrictions have turned to barter economy and, in this way, Chinese and Hindi partners in the consumer goods and food commodities are money paid.
But despite these difficulties the company saffron spiritual succeeded by transferring its activities in new markets in the Persian Gulf and the Middle East continue to monthly export 50 kilograms of saffron. According to the National Council of Iranian saffron, saffron industry’s total exports in 2014 grew to a total of 36% of the price per kilo of saffron, with a slight increase, to 2,000 dollars.
Ali Sheikh, President of Iran Hassos and a founding member of the British Chamber of Commerce in this regard, said: Merchants are very intelligent, and when the door is closed out of the window. None of the traditional goods such as saffron and pistachio merchants are left on the hands and the demand is much greater than the supply.
According to the report, Iranian merchants via intermediaries in countries such as the United Arab Emirates can still Bashndkh access to Western markets, however, objected to this approach, strengthening rival.
However, Iranian saffron producers believe that quality Iranian saffron Supreme will keep its position as the gold standard.
Iranian saffron industry also sought to further development of new technologies and applications such as medical treatment. Iran’s government in order to increase production, plans to encourage new areas for cultivation it has announced.
According to the report, even if international sanctions against Iran are lifted, new problems caused by rising prices of saffron. Western companies to invest in new markets and assets queue saffron have a high value.
In such a scenario Iranian businessmen wage flexibility in terms of sanctions would be difficult.
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