Iranian carpets to see a boost in US markets again after sanctions removed

Published August 13th, 2015 - 09:41 GMT

Iran's hand-woven carpets will once again conquer US markets after sanctions imposed on the Islamic Republic over its peaceful nuclear program are lifted, a new report says.

The report published by the Boston Globe on Tuesday, said “Iran’s famed carpet weavers” are “anticipating a boost in [Iran's carpet] exports as sanctions” will be soon lifted in line with an agreement reached between Tehran and six world powers in mid-July.

“The Persian hand-woven carpet is Iran’s ambassador. I’m delighted that the ambassador is in the process of resuming work in the US,” an Iranian carpet exporter, Jila Rassam Arabzadeh, was quoted by the paper as saying. “The Persian carpet is like the Iranian flag, known all over the world. Let our flag fly.”

On July 14, Iran and the P5+1 group of world powers – the US, the UK, Germany, France, China, and Russia – reached the conclusion of negotiations over Tehran’s civilian nuclear program, with the Islamic Republic and the sextet sealing an agreement, known as the Joint Comprehensive Plan of Action (JCPOA).

Based on JCPOA, the sextet agreed to remove all sanctions imposed on Iran’s economic and energy sectors in return for certain restrictions in Iran's nuclear program.

The sanctions were imposed on Tehran by the European Union and the United States at the beginning of 2012 under the pretext that there was diversion in Iran's civilian nuclear program toward military purposes. Iran firmly rejected the allegation, noting that its civilian nuclear program only pursued peaceful goals.

According to Boston Globe’s report, Persian carpets were among Iran's top export commodities that suffered most as a result of sanctions.

Head of the Iranian National Carpet Center Hamid Kargar told the paper that before sanctions, Iran's hand-woven carpets accounted for about one-fifth of the US market, adding that Iran's carpet producers are already making carpets for the US market, hoping that exports will resume next year.

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