Indian basmati rice and tea exporters to Iran facing uncertainty

Indian basmati rice exporters said they are not entering into new contract with Iranian importers so as to avoid any payment-related problems. Meanwhile, tea traders said export to Iran may stop within a month if the payment issue is not resolved. This would impact the trade in orthodox teas as Iran is India’s biggest buyer in this category.

from Economy-News-Economic Times https://ift.tt/2XkkcBc