BAKU, Azerbaijan, Oct. 16
By Elnur Baghishov – Trend:
Iran's trade turnover with the Eurasian Economic Union (EAEU) member states increased by 40 percent in terms of value and 12 percent in terms of volume, during the first six months of the current Iranian year (March 21 through September 22, 2021), compared to the same period last Iranian year, the Spokesman for the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi said, Trend reports citing the administration.
According to Latifi, the trade turnover between Iran and EAEU member states for the reporting period amounted to 5.5 million tons worth $2.48 billion.
Latifi also added that Iran exported 1.16 million tons of goods worth $514 million to the EAEU member states in 6 months, which is an increase of 36 percent in terms of value and about 5 percent in terms of volume, compared to the same period last Iranian year.
“In addition, Iran imported 4.38 million tons of goods worth $1.97 billion from EAEU member states over six months. The imports increased by 41 percent in terms of value and 14.5 percent in terms of volume, compared to the same period last Iranian year,” the official said.
As reported, 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.
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