NCRI, 11 October 2010 – As a result of international sanctions against the Iranian regime, paint ‎manufacturing factories are facing a crisis.‎
According to the state-run news agency Mehr, paint has become a rare commodity in ‎Tehran due to problems in transferring foreign currency out of the country.‎
The news agency said this crisis results from “the intensification of the imposed ‎pressures.”‎
According to the report, “Recently, some foreign parties have cancelled orders and are ‎refusing to supply domestic factories with the required raw materials.”‎
The director of the Cooperatives Union of Paint Producers in Iran confirmed the report ‎and said, “Currently, paint-producing companies are on the one hand facing problems ‎with transferring foreign currency abroad as a way to obtain their raw materials, and on ‎the other hand, they are faced with a rising dollar value.”‎
He added, “This is a problem that is extensive and wide-ranging in scope.”‎
Recently, a member of the regime’s Security and Foreign Policy committee in Majlis ‎‎(Parliament), Mohammad-Mehdi Shahriari, said that international sanctions have brought ‎the speed of industrial production in Iran to a crawl.‎