NAM accounts for 14% of world’s total GDP
Azerbaijan, Baku, Aug.26/ Trend F.Milad/
The gross domestic product (GDP) of the member states of the Non-Aligned Movement (NAM) accounted for 14 percent of the world's total 69 trillion rials GDP in 2011, the IRNA News Agency quoted a report by the International Monetary Fund.
Iran's GDP amounted to $482 billion, equaling some 5 percent of the total $9.9 trillion GDP of the NAM, according to the report.
Iran is the fourth largest country in the NAM in terms of GDP, next to India, Saudi Arabia, and Indonesia with $1.67 trillion, $845 billion, and $577 billion GDP in order.
Trade between Iran and other members of the NAM amounted to around $43 billion in the past Iranian calendar year, which ended on March 19, accounting for almost 40 percent of Iran's total $105 billion in non-oil trade, the ISNA news agency cited Customs Administration data as reporting.
Iran exported $19.7 billion non-oil goods to NAM member states, while imported $24.1 billion worth of goods last year.
Iraq, the UAE, India, and Afghanistan were the main importers of Iranian goods. The UAE, India, Malaysia, and Oman were the major exporters to Iran.
It should be noted that China, Russia, Brazil, Mexico, Kazakhstan, Argentina, the Netherlands, Serbia, and Ukraine are among the observer members of NAM which also have trade ties with Iran.
NAM is second largest international organization after the United Nations, made up of 120 countries, with an additional 21 observer states.
So far about 100 countries have announced that they will participate in the NAM summit, which will be held next week in Tehran.
41 countries will participate at the highest level: 35 heads of state, five first vice presidents or vice presidents, and a parliament speaker.
21 countries will send their foreign ministers, 5 countries their president's special envoys, two countries will be represented at the level of minister other than foreign minister.
Other countries will also be represented at the level of deputy minister, director general, or their ambassador to the United Nations.