UP Exporters Face Crisis as Iran, Greenland, Cuba Trade Stalls; US Policies Blamed

• Uttar Pradesh exporters face a severe crisis as trade with Iran, Greenland, and Cuba has almost stalled, impacting thousands of crores in business.
• Iran, a major market for Basmati rice, medicines, and leather products, has stopped placing orders due to payment issues and political uncertainty.
• Annual trade between UP and Iran, valued at INR 1000 crore, is on the verge of collapse, directly affecting hundreds of small and medium exporters.
• US policies and global pressure are cited as reasons for the deteriorating trade relations, with the leather sector particularly under strain.
• Exporters are seeking government intervention, including new market exploration, subsidies, and policy support, to prevent further decline.

Why It Matters: UP's export sector is in crisis due to stalled trade with key markets and US policies, needing urgent government support.