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WEEKLY NEWSLETTER
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Iran
Index
![[JPEG]](/images/frd/cs/jpeg.gif)
The manufacturing of carpets and rugs is an important element in Iran's economy
Courtesy United Nations (John Isaac)
After the 1979 Revolution, the customary high volume of carpet
exports was sharply reduced because of the new regime's policy of
conserving carpets as national treasures and its refusal to export
them to "corrupt Westerners." This policy was abandoned in 1984 in
view of carpets' importance as a source of foreign exchange. Carpet
exports more than tripled in value (from US$35 million to US$110
million) and doubled in weight (from 1,154 tons to 2,845 tons)
between March and August 1986, which contributed to a fall in world
carpet prices.
Data as of December 1987
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![[JPEG]](/images/frd/cs/iran/ir03_05a.jpg)
