Baku, Azerbaijan, Sept. 9
By Fatih Karimov - Trend:
Iran is ready to meet economic needs of European Union countries, according to the country's Industry Minister Mohammad Reza Nematzadeh.
Nematzadeh said Iran can meet demands of EU countries for construction materials, food products, and petrochemicals, Iran's Mehr news agency reported on September 9.
He made the remarks at the meeting between Iranian and Austrian businessmen in Tehran.
"The Iranian government is determined to benefit from experiences of Austria in high-tech, medicine, medical, aerospace, oil, gas, and petrochemical industries", Nematzadeh said.
Statistical office of the European Union (EU), Eurostat, in a report revealed that trade between Iran and the 28-nation bloc in the first five months of 2015 reached about €3 billion.
The report put the Iran-EU trade in the first five months of 2015 at €2.976 billion, showing a six-percent increase compared to the figure for the same period in 2014.
The value of Iran-EU trade in the corresponding period last year stood at €2.81 billion, the Eurostat data showed.