Jul 21, 2014, 7:04 PM
News Code: 2721961
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Iran's exports to Europe up by 20 percent

Tehran, July 21, IRNA – European imports from Iran showed 20 percent increase in the first two months of the current Iranian year (began on March 20), compared with the preceding period, a senior official with the Trade Promotion Organization of Iran Mir Abutaleb Badri said on Monday.

Iran exported nearly $541 million to Europe in the mentioned period, which shows 20 percent growth compared to the same period last year, Badri said.

He said that Turkey, Italy, Russia, Spain and the UK were five main destinations for the Iranian commodities.

The official said that the Europeans are well aware of Iran's strategic status and know that it is crucial to their cooperation with regional countries, what he said adds to their eagerness for increased relations with Tehran.

In addition to Iran's strategic status, the peace and stability under the government of President Hassan Rouhani and global confidence about Iran's nuclear program have encouraged the Europeans to increase trade with Iran, he said.

Badri said that Iran's imports from the Europe fell to dlrs 1.8 billion in the two-month time in comparison to the corresponding period last year.

He said that Turkey, Germany, Switzerland, Italy and Russia were the main European exporters to Iran during the above-mentioned period.