Business Insights, Bitter and sweet events

1. Business Insights

Sending business insights: t.me/Arad102

🔰 The European Union inspects food products to protect citizens, animals, and plants from diseases and pests.

➡️ A common method for doing this is inspecting food products and issuing phytosanitary certificates before importation.

📃 A phytosanitary certificate is currently required for importing plants and plant products that can be cultivated in Europe, including shelled nuts.

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✅ One third of exports from Qazvin province belongs to the Kurdistan region.

🔀 In the past 15 years, about 50% of exports from Qazvin province have been to Iraq, with one third going directly to the Kurdistan region.

🏢 For the first time, a specialized export exhibition on handicrafts, processed industries, household appliances, polymer products, and tiles and ceramics was held in Erbil, Iraq.

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🇱🇸 Lesotho is completely surrounded by South Africa, allowing direct access to one of Africa's largest economies.

⛅ This geographical position can provide opportunities for exporting and importing goods through South Africa.

🎯 Lesotho is also looking to develop renewable energy resources, especially hydropower and solar energy, which can create suitable investment opportunities in these areas.

🐟 Fish farming is a growing economic sector in Nigeria, particularly in Lagos State, which is expanding with government support to prevent fish imports into the country.

➕ Consequently, the demand for products such as fish feed is increasing in this country, providing a golden opportunity for traders active in this field.

🌳 The agriculture sector is considered one of the most important areas of activity in East Africa.

💹 With urbanization and rural migration to large cities in these countries, agriculture is transitioning from traditional methods to industrial practices.

🔶 This growth can create a good opportunity for trading agricultural machinery and engaging in the market for these products.

🍉 Recently, the import of Qassim watermelons instead of Iranian watermelons has increased in the UAE.

📍 "Qassim" is a region in Saudi Arabia known for producing high-quality watermelons.

🇦🇪 In the UAE, there are rumors that Iranian watermelons are irrigated with wastewater, posing health risks and potentially causing cancer and liver poisoning.

✔️ Therefore, Iranian traders must work to regain the popularity of Iranian watermelons in the UAE and be aware of their major competitor, Saudi Arabia.

🧲 One suggested product for export to Uzbekistan could be iron or steel artifacts.

🇺🇿 Uzbekistan has a negative trade balance of $53 million in the trade of this product.

➕ This means that Uzbekistan imports more iron and steel products than it exports.

➰ Therefore, exporting iron and steel products from Iran to Uzbekistan can be a good business opportunity to fill Uzbekistan's import gap and increase Iran's exports.

🌌 When targeting the European market, it is essential to focus on green technologies like solar panels and electrical appliances, as this aligns with the EU's sustainability goals.

👚 Luxury goods such as jewelry and high-end cars are in demand, particularly in France and Italy.

📴 Ultimately, digital services and software like cybersecurity and fintech have a growing demand in the UK, Germany, and the Netherlands.

🇹🇯 Tajikistan relies on the ports of neighboring countries for its import activities due to being landlocked.

🚤 Commercial ports include Riga in Latvia, various ports in China and Russia, Aktau in Kazakhstan, and Istanbul and Mersin in Turkey.

⛵ Tajikistan utilizes these ports along with internal transport networks to facilitate regional trade and imports.

📈 The country seeks to improve its trade relations and communications to support economic growth and development.

📊 Iran is the ninth country possessing building stone mines, from which about 80% of all building stones are extracted.

🌐 Most of Iran's stone mines, including Hajiabad stone and Dehbid marble mines, are located in the cities of Isfahan, Kermanshah, Mahalat, and Qom.

💲 The quality of marble stone is superior compared to other stone types, and each of these stones has specific applications in the construction sector.

☑️ Given that Iran and Turkey have good political relations, they can also be good trade partners for each other.

🧱 Among the products that account for the highest volume of exports from Iran to Turkey are dried fruits, watermelons, saffron, dates, metals, oil products, building materials, construction equipment, and chemicals.

🇮🇳 In India, before any importer can begin importing, they must first obtain an IEC number from the Directorate General of Foreign Trade (DGFT) online.

🔖 The Import Export Code (IEC) is a permanent account number (PAN) that is valid for a lifetime and is essential for customs clearance, shipping consignments, and sending or receiving foreign currency.

🔄 The IEC registration process takes approximately 10 to 15 days.

2. Bitter and sweet events in the life of Aradis - September 20