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Iran exports $2b worth of foodstuff

Business Materials 1 June 2016 16:45 (UTC +04:00)

Baku, Azerbaijan, June 1

By Khalid Kazimov - Trend:

The Islamic Republic has exported $2 billion worth of foodstuffs over the last Iranian calendar year (ended March 20), an official with industry and trade ministry said.

Mehdi Sadeghi Niaraki, an official with the Iranian ministry of industry, mine and trade, called for increasing the volume of the exports of foodstuff, medications and cosmetics, Tasnim news agency reported.

He further expressed hope that the value of Iran's export of foodstuff, medications and cosmetics will be more than the value of the imports of the same products in the current year.

During his recent visit to Tehran, David Lipton, the first deputy managing director of the International Monetary Fund (IMF), predicted a 4-percent economic growth for the country over the current year.

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