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Some 70 percent of cosmetics in Iran imported from abroad

Business Materials 17 November 2012 14:44 (UTC +04:00)

Azerbaijan, Baku, Nov.17/ Trend G.Mehdi/

Around 70 percent of cosmetics in Iran are currently imported, ISNA quoted the secretary of the union of Iranian healthcare and cosmetics industries, Bakhtiar Alambeigi, as saying on Saturday.

For the time being, nearly 20 factories manufacture healthcare and cosmetics products in Iran, he said, adding that restricting imports of such products can be led to a rise in smuggling them into the country.

Some 7 trillion rials (about $570 million) worth of goods have been smuggled into and out of Iran during the first half of the current Iranian calendar year, which began on March 20, the Iranian Customs Administration head Abbas Memarnejad said earlier.

The smuggling is not confined to fuels, he said, adding that it also includes home appliance and foreign currency.

The irregular importation of some unnecessary goods has damaged the national economy, Anti-Drug Headquarters Secretary General Fada-Hossein Maleki said.

"Imports have increased by 12 percent in weight but declined by 16 percent in value. This issue shows that unnecessary goods have been imported in large scale," he noted.

On October 5, MP Alireza Monadi-Sepidan told the Fars News Agency that imports should be regulated and illegal imports of up to $30 billion, which have dented the domestic production, should be curbed.

According to General Inspection Organization's director Mostafa Pourmohammadi, the smuggled goods into the country amounted to around $20 billion in the Iranian year which ended in March 2011. The figure declined by $6 billion in the year to March 2012.

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