Yiwu is woeful to the business in Egypt and Iran

At present, the trade of Yiwu market to Egypt is the most concerned part for yiwu business department. Predicted trade risks will improvement, suggested to all the market dealers should be take more concern about payment security when take orders.

since the 18th of this month,constantly protests in Cairo, Egypt and other places , at the local 20 colck,the both protester and policep are out break bloody conflict.resulting in casualties. In fact,since the beginning of this year  Egypt has been instability in political ,it is inevitable blocked exports from Yiwu to Egypt,according to Municipal Bureau of Foreign Trade statistics show,the first 10 months of this year the totle amounted Yiwu exports to Egypt is $ 31,890,000, it is down by 14.78 % yeartoyear.

Compared to the outlook of Egypt, Iran 's economic and trade is obviously more difficult. After The International Atomic Energy Agency this month released a study on the Iranian nuclear issue, the United States and Israel have said they did not rule out the possibility of military strikes to against Iran. November 21, the two country of Britain and France were issued a new economic sanctions for against all Iran financial institutions. So Iran is in the face of a number of United Nations sanctions and the unilateral sanctions from U.S. and EU, the payment is hard to flowing through the normal financial channels,a bank loan.