Indian tea makers worried about Iran-US tightening export to Iran

Iran, Ta. ૪

Concern over tea exporters and plantation companies has risen following the emergence of tensions following the death of Iranian General Qasim Sulaimani in the US airstrikes. It is worth mentioning that India's largest export of tea is made in Iran.

Exporters and producers have been worried that if the relations between Iran and the US worsen, the US could put more sanctions on Iran, which would adversely affect Indian tea exports to Iran.

According to one exporter, stabilization is essential for trade. The United States is constantly targeting Iran and on the other hand promising revenge on Iran. As a result, there are tensions and fears throughout Asia.

India exported more than 500 million kilograms of tea in Iran from January to November 1. Indian tea exports to Iran for the first time exceeded 50 million kilograms. India exports tea to Iran at an average price of $ 1.8 per kg. Last year, India sold a total of $ 8 million worth of tea in Iran.

One tea producer, who has been exporting to Iran, says that the situation is getting more complicated. There is no doubt that Indian tea plantation companies will be in trouble if Indian tea exports to Iran are affected at all.

Even if AK has told the Indian Tea Association that there will be a tension between Iran and the US, Indian tea exporters will not be harmed. He said that a rupee-rial agreement between India and Iran has been made which will protect Iran's business interests. Chinese tea is also being sold in Iran, but since its price is twice the price of Indian tea, Indian tea is more popular.

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