Last week, Iran has stopped signing all contracts to import tea and basmati rice from India. There is no clarification from Iran for the stoppage, but exporters believe that it is due to widespread anti-hijab protests in the country, as the Economic Times (ET) reported. Shops, hotels and markets have remained closed since the start of the protest nearly two months ago.
Several experts have expressed that this might also be because India and Iran are working on the rupee trade settlement agreement. The report added that Iran imports around 30-35 million kg of orthodox tea and 1.5 million kg