Official: Despite sanctions Iran exports reach 100 countries

Iran Materials 31 May 2012 12:45 (UTC +04:00)

Azerbaijan, Baku, May 31/Trend M. Moezzi

Exports from Iran made their way to 100 countries totalling $41 billion (USD) despite intensified sanctions.

Last year (Iran's solar year ended on March 19) Iran imported $60 billion in goods from 111 nations, the Islamic Republic News Agency (IRNA) reports.

The figures were cited by the Ministry of Economic Affairs and Finance's deputy director of management development and support, Ahamd Sadeghi Golmakani.

The international community has increasingly levied heavier sanctions against Iran in a standoff over its nuclear programme. Iran contends its programme is domestic and peaceful while the U.S. and its allies insist it is military in nature. The U.S. has led the drive to hobble Iran's oil industry and its Central Bank while urging other countries to not do business with Tehran.

The European Union will impose a full embargo on Iranian oil imports from July 1.

The permanent members of the UN Security Council plus Germany (P5+1) met with representatives from Iran in April and late May to find a diplomatic solution to the disagreements over Tehran's nuclear programme. These negotiations are to continue.