Iran Eases Import Curbs on Luxury Goods Amid Economic Struggles

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Iran has removed import bans on luxury products including foreign vehicles and new Apple iPhone models to satisfy citizens while concealing its worsening economic situation. Iran has announced lifting import restrictions on luxurious items and foreign cars and iPhones because the country faces financial struggles from international sanctions together with a weak currency.

Throughout the past years Iranian citizens encountered only locally-made vehicles considered substandard which earned the moniker “death wagons” and could purchase used iPhones at exorbitant prices only. Iranian citizen Amirhossein Azizi at 19 years old can now buy his dream gadgets as the import restrictions have been lifted. The purchase of a new iPhone 16 Pro Max from Azizi for 1.6 billion rials ($1,880) was accompanied by further expenses.

The policy change which targets Iran’s “resistance economy” receives criticism from many observers who believe it hands out most of its benefits to well-off citizens without adequately fixing national problems. Economist Saeed Leilaz expressed that the measure focuses more on appearances than actual conditions to show progress during economic instability.

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President Masoud Pezeshkian achieved quick political success through this decision because it gave him a boost to the upper class without confronting ongoing national challenges. As discontent among the public continues to build the officials led by Supreme Leader Ayatollah Ali Khamenei endorse a careful Westward reorientation of policy to reduce international pressure on their administration.

The economic situation in Iran continues to balance precariously as import restrictions get lifted although key economic issues persist untouched.

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