U.S. Maintains Sanctions on Iran Affecting Adhesive Trade
The United States has reiterated its commitment to maintaining strict sanctions on Iran, impacting the trade of various goods, including prepared glues and adhesives under HS Code 3506.91. These sanctions continue to prohibit most direct trade between the two countries.
2023-10-15
Impact: Trade of prepared glues and adhesives remains heavily restricted due to ongoing U.S. sanctions, with no significant imports or exports recorded between the U.S. and Iran.
Iran Seeks Alternative Markets for Adhesive Exports Amid U.S. Sanctions
Iranian adhesive manufacturers are exploring alternative markets in Asia and the Middle East as U.S. sanctions continue to block trade with American companies. Products under HS Code 3506.91 are particularly affected due to limited access to U.S. markets.
2023-09-20
Impact: The U.S.-Iran trade barrier redirects Iranian adhesive exports to other regions, further reducing any potential for bilateral trade in this sector.
U.S. Department of Commerce Reviews Sanctions Impact on Niche Products
The U.S. Department of Commerce conducted a review of sanctions on Iran, including their effect on niche markets like prepared adhesives (HS Code 3506.91). No changes to current restrictions were announced.
2023-08-05
Impact: Continued sanctions ensure that trade in prepared glues and adhesives between the U.S. and Iran remains non-existent, with no immediate prospects for relaxation.
