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Iran to open more commercial centers overseas

Business Materials 1 May 2014 21:30 (UTC +04:00)

Baku, Azerbaijan, May 1

By Fatih Karimov - Trend:

Iranian industry minister Mohammad Reza Nematzadeh has issued an order for increasing the number of country's commercial centers across the world.

Hamid Reza Zadboom, an official at the Trade Promotion Organization of Iran, quoted the industry minister as saying that the issue will help the country boost its economic ties with other countries, Iran's Mehr news agency reported on April 30.

The latest statistics of Iran's customs administration indicates that the country's non-oil trade volume has increased significantly after president Hassan Rouhani took office last August.

Iran's non-oil exports value increased by 0.5 percent during the last Iranian calendar year (ended on March 20) and stood at $41.628 billion, according to the country's customs administration's "complete data" which was made public on April 20.

The report indicates that Iran's non-oil exports' value during the first half of the last Iranian calendar year was about $17.972 billion, some 14 percent less than the same period of preceding year.

However the figure stood at $23.656 billion during the second half of the year, some $5.684 billion more than first half.

Commenting on the significant increase of exports during the second half of last Iranian calendar year, the country's official IRNA news agency called it a success for Rouhani's administration.

Iran's total imports during the last calendar year stood at $49.422 billion, which indicates a fall by some 7.5 percent compared to the preceding year.

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