Growing smuggling activity damages Iran transit trade
The growing smuggling activity has prompted fears, resulting in a slowdown in the process of transiting goods and services along the Iranian borders. Last year, Iran exported $9 million worth of goods and services via transit, said Mohammad Atrchian, managing director of Iran’s transit office, adding it will exceed $10 million this Iranian year (ending March 20, 2005).
Iran controls 25 percent of the regional transit market capacity, Atrchian noted. Currently, Iran uses 18,000 kilometers of its roads for the purpose of transiting goods. (menareport.com)
© 2004 Mena Report (www.menareport.com)
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