Tighter Sanctions Impact Iran Business Sectors
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by News Editor
Iran and weapons of mass destruction.
WSJ – A manager of Bam Shargh Isogam, an Iranian manufacturer of insulation sheets for rooftops, saw trouble ahead when a government official offered advice for surviving the crippling international sanctions: Reduce quality and cut back production.
The manufacturer in Delijan, three hours south of Tehran, replaced the high-quality material imported from Europe with domestic material, dismissed more than half its 350 employees, and didn’t pay the remaining workers for four months, managers said.
