Iranian polymers not coming to Armenia due to suspended exports from Iran

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Economy

06.11.2012, 16:29

Import of Iranian polymers (polyethylene, polypropylene, polystyrene) to Armenia has been suspended for almost two weeks now as Iran stopped exporting some 52 product names, the press service of Armenian Union of Manufacturers and Entrepreneurs reported.

Iranian polymers not coming to Armenia due to suspended exports from Iran

YEREVAN, November 6. /ARKA/. Import of Iranian polymers (polyethylene, polypropylene, polystyrene) to Armenia has been suspended for almost two weeks now as Iran stopped exporting some 52 product names, the press service of Armenian Union of Manufacturers and Entrepreneurs reported.

It may have a very negative impact on food industry and agriculture in particular, says the report.

At least 30-40 days are needed to start importing polymer raw materials from other countries. Apart from that, the price will be higher, which will provoke a rise in prices for goods.

The Union of Manufacturers and Entrepreneurs of Armenia has applied to the country’s Prime-Minister Tigran Sargsyan to mediate and help solve the issue with the relevant Iranian authorities. -0-

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