Iran's carpet industry unravelling under US sanctions
NegativeWorld Affairs

Iran's once-thriving carpet industry is facing a severe downturn due to US sanctions and shifting consumer preferences. Once generating over $2 billion in export revenues during the 1990s, the industry now barely manages to earn around $40 million, reflecting a staggering decline of more than 95 percent. This collapse not only impacts the economy but also threatens a significant aspect of Iran's cultural heritage, making it a critical issue for both artisans and the broader community.
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