Forty percent reduction in Iran's exports to Kuwait

Forty percent reduction in Iran's exports to Kuwait
  • 2020-07-02
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Chairman of the Iran-Kuwait Chamber of Commerce: In recent months, Kuwait has not allowed us to import wooden lounges, and only food is exported with refrigerated containers. Therefore, these conditions have reduced Iran's exports to Kuwait between thirty-six and forty percent in the last quarter.

According to the International Exhibition of Iranian Stone, Hani Faisali stated: "Unfortunately, the two countries' exchanges have been declining in recent years, so that this amount has decreased from four hundred million dollars in 1397 to one hundred and eighty-six million dollars last year." . It should be noted that Kuwait is somehow subject to the policies of its older brother, Saudi Arabia, and unfortunately there are groups in the Kuwaiti government that do not allow our exchanges to take place easily.

He added: "The prevalence of coronary heart disease has also increased, so that in recent months the country has not allowed us to import wood pellets, and only its food exports are carried out with refrigerated containers." Therefore, these conditions have reduced Iran's exports to Kuwait between thirty-six and forty percent in the last quarter.

Criticizing the country's weak economic diplomacy, the head of the Iran-Kuwait Chamber of Commerce said: "Kuwait has the largest imports in the Arab world after Saudi Arabia, and this creates a good potential for Iranian traders to take over the country's market, but our weak diplomacy is this." Does not allow.

He continued: "The weakness of our diplomacy and political consultation on this issue is undeniable." Currently, all our business with Kuwait is done by veteran traders because it is not possible for new traders to enter due to lack of visas. Of course, we have reflected on this several times, but to no avail.

"If we see that Turkey occupies all the markets in the region, it is because of the cooperation between the government and the private sector," he said. There are no cumbersome rules in this country, and they provide special facilities for traders, while in our country, the rules are the opposite.

* ILNA