NO. 25


Financial and Banking News

Budgets & Revenues

Iranian Carpet Exports Valued at $1bn during last Year

Iran earned $1bn from the export of carpets in the year to 20 March 1992(Iranian year 1370), according to the head of the country's export promotioncenter, Mr. Mustafa Hashemi. Iran's total non-oil exports were $2.2mn during theyear. Mr. Hashemi says that the material and labor costs of making the carpetswas only $100mn (although this figure has to be treated with...