Ten U.S. companies to attend Iran’s international exhibition on poultry and related industries
Baku, Azerbaijan, Feb.4
By Fatih Karimov - Trend:
Ten U.S. companies will attend Iran's first international exhibition on poultry and related industries, IRNA reported on February 4.
Kish Island will host the exhibition which will take place on February 20-22.
Some 200 Iranian companies, 45 European and 10 U.S. companies will participate at the expo.
An organiser of the exhibition told IRNA that Iran can meet the demands of the Persian Gulf, Central Asia, Afghanistan and Iraq in the poultry sector.
Despite sanctions imposed by the U.S. and its allies on Iran, trade turnover between the U.S. and Iran is growing, Iranian ambassador to Azerbaijan Mohsen Pakayin told Trend on Feb.1.
The trade turnover between the two countries amounted to $360 million as of 2013, according to the ambassador. It amounted to $252.3 million in 2012 between the two countries, according to ISNA news agency.
As a result of sanctions, the trade turnover between the two countries started to drop beginning mid-2010, while growth was observed from mid-2012, the diplomat said.
The trade turnover between the two countries increased by 39 percent to $118.5 million in January-April 2013 compared to the same period of 2012.
Pakayin pointed out that immediately after imposing sanctions; a decrease was observed in economic relations between the two countries. However, subsequently U.S. companies began to find circuitous legal ways to maintain cooperation, resulting in the trade turnover resuming growth.
Taking into account the agreement signed in Geneva to lift several sanctions against Iran, the trade turnover between Iran and the U.S. will increase even more, the ambassador said.