IFP Exclusive

Gemstone Processing; Untapped Business Opportunity for Iranians

Gemstone processing is a great area for investment, particularly in a resource-rich country like Iran. However, the country has a long way to go if it wants to use the untapped but profitable opportunity.

Many countries, even those without significant mineral resources, earn a great amount of money by importing gems and exporting them after processing.

The global turnover of this industry is about $1,000 billion. Iran, however, has not made any significant investment in the processing of these gems despite enjoying great resources.

By launching production and processing units, Iran can also have great export revenues in this particular area.

An amethyst stone processing workshop has been operating since 2010 in the northern city of Gorgan. One of the problems that such workshops are faced with is the export of the processed gems to other countries.

Here are photos of this workshop retrieved from Mehr News Agency:

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

IRGC: US Iran’s main enemy, Israel can’t survive without its support

The spokesperson and deputy head of public relations for the Islamic Revolution Guard Corps (IRGC)…

2 hours ago

Iran says increased number of its centrifuges in response to the IAEA resolution

The Atomic Energy Organization and the Iranian Foreign Ministry announced that, in response to the…

2 hours ago

Iranian, Belarusian tourism ministers meet on facilitating tourist movement

Iran's Minister of Cultural Heritage, Tourism, and Handicrafts, Seyed Reza Salehi Amiri, met on Thursday…

5 hours ago

Unscheduled visit by Qatari prime minister to Tehran sparks speculation

Reports emerged by Iranian daily Donya-e Eqtesad suggest that the Qatari Prime Minister and Minister…

21 hours ago

ICC issues arrest warrant for Netanyahu, Gallant for ‘war crimes’ in Gaza

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu,…

21 hours ago

Iran to respond to Europe’s “non-technical” move: Foreign Minister

As France, Germany, and the United Kingdom submit an anti-Iran draft resolution to the International…

21 hours ago