By Anuj Chopra in TehranThursday, 24 January 2008
Mustafa Ibrahim, 52, has been dreading a new wave of sanctions for more than a year. Since the first wave was imposed on Iran in December 2006, there has been a visible impact on his printing business. It has made doing business directly with European manufacturers and dealers of printing plates cumbersome, forcing him to seek the costly services of middlemen in Dubai. Profits have shrunk by nearly half, and he is now considering opting for cheaper Chinese imports, which he fears will diminish his quality.
Mustafa Ibrahim, 52, has been dreading a new wave of sanctions for more than a year. Since the first wave was imposed on Iran in December 2006, there has been a visible impact on his printing business. It has made doing business directly with European manufacturers and dealers of printing plates cumbersome, forcing him to seek the costly services of middlemen in Dubai. Profits have shrunk by nearly half, and he is now considering opting for cheaper Chinese imports, which he fears will diminish his quality.
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