BAKU, Azerbaijan, Dec. 14
By Elnur Baghishov – Trend:
Iran's exports to the Eurasian Economic Union member countries (EAEU) increased by 53 percent in value terms during the first eight months of the current Iranian year (from March 20 through November 20, 2020), compared to the same period last Iranian year, Director General of Europe and America at Trade Promotion Organization of Iran (TPOI) Behrouz Hosne Olfat said, Trend reports citing the organization’s website.
The director general stressed that the value of Iran's exports to EAEU member countries amounted to $644 million within 8 months.
He added that $334 million worth of agricultural products were exported over the reporting period.
Hosne Olfat said that while in the same period last Iranian year, $218 million worth of agricultural products were exported.
According to him, the main agricultural products exported by Iran were pistachios, peaches, apples, grapes, cherries, kiwifruit, peppers, dates and raisins.
The director general noted that the temporary trade memorandum signed between Iran and the Eurasian Economic Union has played a major role in Iran’s trade turnover. The spread of the coronavirus pandemic and the applying of strict health measures have prevented more increases in exports.
A temporary trade memorandum was signed between Iran and the EEU on October 27, 2019. In accordance with the memorandum, 862 kinds of products will be imported and exported upon preferential tariffs between the two sides.
Iran will export 502 kinds of products and import 360 kinds of products. Iran will export pistachios, kiwi, oil products, raisins, cucumbers, cabbages, dates, medicines, cement, copper, methanol.
Iran will import barley, animal feed, vegetable oil, cathode, etc.