Iran General NewsIRGC Imports' Role in Bankrupting Iran's Economy

IRGC Imports’ Role in Bankrupting Iran’s Economy

-

Iran Focus

London, 31 Oct – Smuggling and other imports by the entities of the Iranian Regime may soon bankrupt the economy according to recent reports.

The official figures from the Iran Customs Administration state that over $50 billion worth of goods is imported to Iran annually with a further $17-25 billion worth of goods being smuggled in.

It also shows that imports have risen by 15% in the first half of 2017 and non-oil exports have dropped by 3%. This is worrying because Iran’s economy is undeveloped and increased imports of goods that could easily be produced in Iran puts a real strain on native workers and contributes to the unemployment rate.

Simply, for every $1 billion in imported goods, almost 100,000 Iranians will lose their jobs.

Take adhesive bandages for example. Iran needs roughly 100 million of them per year but, because the Iranian factories which produce them are only working at 15-20% of their capacity, 85% of these bandages have to be imported.

Iranian Regime MP Seyed-Mohammad-Javad Abtahi, said: “The Deputy Industry Minister has said that 5,200 small and medium industrial units have been closed last year. This is while such items like whips, pumice stones, dogfish, cobblestones, honky horns, zippers, suspenders, mouse traps, hoses, shovels, pickaxes, and almost every kind of water mineral are being imported into the country.”

These are goods that would be easy to produce domestically, without any special technology, so why aren’t they being? These imports have sent more than 60% of small and medium businesses into bankruptcy and sent millions into unemployment.

Sure, these goods may be cheaper to produce elsewhere in the world but if the real cost is high unemployment, shouldn’t the government be doing something to counter it? Well not if they’re making money off of it.

There should be no doubt that those high up in the Iranian Regime are involved in the illegal import of many goods into the country, recklessly endangering the economy.

The main culprits are the Revolutionary Guards (IRGC) who control 45% of Iran’s ports which they use to smuggle goods in whilst avoiding the Customs charges.

This was highlighted in early October by the state-run ISNA news agency, who noted a $939 million difference between the value of Iran’s clothing imports as described by the UNIDO ($1 billion) and the amount declared at Customs ($61 million)
The Regime’s new Industry and Mining Minister ‘Mohammad Shariatmadari expressed doubts about $2.5 billion of clothing being smuggled into Iran but after a few weeks in office was forced to conclude that the figure was much higher.

He said: “We’ve had $12 billion of imported clothing while their customs duties have not been paid, meaning that they’ve been smuggled into the country.”

Who else could achieve this but the state themselves?

Latest news

Growing Disintegration Among Iran Regime’s Forces

Iran has been shaken by a wave of nationwide protests since mid-September. The trigger was the death of the...

Grim Tidings for Iran’s Regime After Approval of UN Fact-Finding Mission

After many discussions and debates, the United Nations Human Rights Council has approved a fact-finding mission to investigate the...

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Khamenei’s Disgraceful Campaign Against Piranshahr and Javanrud, Who Will Be the Loser?

On the 67th day of Iran’s revolution, the Iranian regime attempted to put a halt to the protests in...

Iran: Expensive Medicine, Cheap Human Life

A look at the equipment and weapons that the Iranian regime has been using against its people to suppress...

Who Is Abolqasem Salavati Iran Regime’s Killer Judge?

Last week, it was announced that the case of several people who were arrested during the Iranian People's uprising...

Must read

Parliament speaker says West trying to cheat Iran

AP: Iran's parliament speaker accused the West on Saturday...

India instructs private firm Gesco to ship Iranian oil

Reuters: India's shipping ministry has told private company Great...

You might also likeRELATED
Recommended to you