Iran to Continue Home Appliance Import Ban
Iran will extend its import ban on home appliances until at least the end of March 2022, the Hong Kong Trade Development Council reported Oct. 8. The ban, which began three years ago, has support from Iran’s appliance manufacturing sector,…
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which says it helps local producers. But even though some imports can harm domestic production, the Home Appliances Sellers Association said the law encourages import smuggling in situations where local production can’t meet demand, HKTDC said.