Cost of Importing Goods From China Has Increased by 200%
Channel8 English · 25 May 2026

Cost of Importing Goods From China Has Increased by 200%

The impact of the closure of the Strait of Hormuz has begun to affect the Kurdistan Region, with the cost of importing goods and materials rising sharply.


AI Translated Summary:
The closure of the Strait of Hormuz has led to a significant 200% increase in the cost of importing goods to the Kurdistan Region. This sharp rise is impacting the local economy and trade dynamics.


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