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Iran stops exporting canned foods to Russia

Business Materials 25 January 2015 11:24 (UTC +04:00)

Tehran, Iran, Jan. 25

By Milad Fashtami - Trend:

Iran will no longer export canned foods to Russia.

Ahmad Azarmard, the head of Iran's Canned Food Producers Syndicate, said that the signed contract between the two countries has been cancelled, Iran's ISNA News Agency reported on Jan. 25.

"Since the value of Russia's national currency (ruble) has fallen sharply, exporting canned foods to the country is no longer economically justified," he noted.

Tehran is currently studying the possibility of exporting fruits and agricultural products to Moscow, as well.

During an official visit to Tehran by a high-ranking Russian delegation, the country officially requested Iran to increase its agricultural products and food stuff exports to Moscow in order to meet the country's domestic demands.

Iran exported 30 metric tons of shrimps to Russia earlier this month.

The Head of Iran Fisheries Organization Hasan Salehi said that if the businesspersons of the two countries reach an agreement over the price, Iran will be able to export 5,000 metric tons of shrimp to Russia by the end of the current Iranian calendar year (March 20).

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