Sanctions Fail to Cripple Iran's Export to Neighboring Countries

  December 09, 2020   News ID 1063
Sanctions Fail to Cripple Iran's Export to Neighboring Countries
Iran continues to expand its ties with the neighboring countries despite the unilateral sanctions imposed by United States.

Tehran, SAEDNEWS, Dec. 9: According to Farzad Piltan, the value of Iran’s exports to its Arab trade partners in the region reached $8.565 billion in the first eight months of the current Iranian calendar year (March 20-November 20).

Piltan said that the value of Iran’s total non-oil trade during the first five months of the current stood at $21.5 billion.

The mentioned trade partners include Iraq, the United Arab Emirates (UAE), Oman, Qatar, Kuwait, Syria, and Bahrain.

Among Iran’s top trade partners, Iraq was ranked the second export destination with about $5.3 billion worth of goods exported to the country, followed by UAE, Oman, Kuwait, and Qatar.

"Other Arab countries such as Saudi Arabia, Bahrain, and Yemen (from the Persian Gulf region) and Syria, Jordan, and Lebanon (from West Asia) were not included in the top 20 Iranian export destinations during the period under review," the official said (Source: IranPress).


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