Iranian carpet; export stagnation, exclusion from the German fair

Masoud Sepherzad, chairman of the Hand-Woven Carpets Union of Iran, announced in an interview an 80 percent slump in the hand-woven carpet market. In this interview, he pointed to the fluctuation of the exchange rate as an influencing factor and said, "The market for hand-woven carpets is chaotic and producers and sellers do not want to...