The European Union’s trade with Iran amounted to €10.3 billion in the first 10 months of 2016, a 66 percent rise year on year, based on the latest figures released by the European Union’s statistics agency Eurostat. The figure was €6.2 billion during January-October 2015, Tasnim news agency reported. Iran’s exports to the EU stood…
Malaysia will pursue free trade agreement (FTA) talks with Iran as part of efforts to expand trade ties between Tehran and Kuala Lumpur. “We will visit Iran towards the end of January and will try to negotiate for more Malaysian products to be brought into the country,” Malaysia’s Plantation Industries and Commodities Minister Datuk Seri…
Britain says it is witnessing signs of growing trade with Iran, emphasizing that it has serious plans to boost economic relations with the Islamic Republic to a new level. International Trade Secretary Liam Fox was quoted by the media as telling an Iran-UK trade forum in London that relations between the two countries had specifically…
Germany and Iran have signed a range of business deals in what is expected to take economic relations between the two countries to a new level. The German Economy Ministry announced in a statement that several Mittelstand firms, the small-to-medium-sized companies that form the backbone of the economy, had signed the deals with their Iranian…
Italy has voiced willingness to expand economic and industrial relations with Tehran. Italian Ambassador to Iran Mauro Conciatori said in a meeting with Hormuzgan Governor General Jassem Jedari in Bandar Abbas that Iranian president (Hassan Rouhani) and Italian prime minister (Matteo Renzi) met for the fourth time over the past year in New York last…
Iran says its foreign trade income has surpassed $35.817 billion during the first five months of the current Iranian calendar year (started March 20). According to a Tuesday report by the Islamic Republic of Iran Customs Administration (IRICA), the country’s non-oil exports in the aforementioned five months reached $19.108 billion, showing a 10.22-percent increase in…
Iran says its trade surplus exceeded $3.4 billion over a period of four months starting March 21, 2016 in what is seen as the country’s best post-sanctions trade performance. Figures released by the Customs Administration of Iran show that the country’s non-oil exports over the period stood at $16.3 billion – a figure that was…
Fresh indications show a main barrier for trade between Iran and South Korea will be removed soon. South Korea announced on Thursday that it will start a euro-based settlement system for trade with Iran next week. The move follows the removal of sanctions against Iran in January and is expected to help the two countries…
