Iran’s commercial attaché in Russia said volume of exports to the Eurasian state grew by 36 percent in the first half of the year 2017, compared to same period last year, Mehr News Agency reports.
Commercial attaché at Iran’s embassy in Russian Federation, Farhad Parand, noted that figures for foreign trade turnover between the two sides reveal that Iran’s export to Russia rose from 168 million dollars in the first half of 2016, to as much as 228 million dollars in the same period in the ongoing year. In the first half of the year 2017, Iran had deployed products worth 228 million dollars to Russia and imported 509 million dollars from the Eurasian country, Parand said.
“Iran’s imports from Russia dropped from 594 million dollars in the first half of 2016 to 509 million dollars in the same period in 2017.” Parand also noted.
Regarding the possibility of boosting the economic ties between Tehran and Moscow, a four-day session on Iran-Russia trade, industry and mining cooperation will convene in the Russian city of Astrakhan on October 25, the official said.
The meeting will be attended by representatives from Iranian companies in related fields, including mining, agricultural machinery, gas, oil, automobile industry, livestock, dairy products, chemicals and petrochemicals, banking and investment among the others.