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Iran expects increase in goods transition

Business Materials 21 August 2015 22:00 (UTC +04:00)
Iran predicts an increase in the volume of transited goods through its territory after sanctions are lifted
Iran expects increase in goods transition

Baku, Azerbaijan, Aug. 19

By Fatih Karimov - Trend:

Iran predicts an increase in the volume of transited goods through its territory after sanctions are lifted.

"Acceleration of trade relations in the post-sanctions period is expected to lead to a 10 percent increase in the volume of transit of goods compared to the same period of last year," Iranian marine information portal (mana.ir) quoted Mahammadjavad Atrchiyan, the director general of the office for transit and border terminals, August 19.

Atrchiyan said a total of 15 millions metric tons of goods could be transited via ports, roads and border terminals available in Iran and this capability should be expanded due to anticipated increase in trade volume, the report adds.

According to the report, some 4.3 million metric tons of goods were transported via the country in the first quarter of the current Iranian year commencing March 21.

Based on data released by Iran's Ministry of Road and Urban Development, 13.07 million metric tons of goods were transited last year via Iranian territory, 5.66 million metric ton of which were oil and 7.41 million metric ton non-oil products.

Edited by CN

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