TEHRAN, Apr. 29 (Mehr News Agency) -- A Commerce Ministry official here on Tuesday announced that trade volume between Iran and the United Arab Emirates in the last Iranian year (just ended March 19) stood at $12.3 billion.
"Of this figure, $2.1 billion is related to Iran's exports to the U.A.E. and the remaining $10.2 is Iran's imports from the neighboring country," IRNA quoted Hossein Soltani Nia as saying.
He put the country's total exports last year at $96 billion of which $72 billion (75 percent) was oil and gas exports and $24 billion (25 percent) was for non-oil exports.
Ala Mir-Mohammad Sadeqi announced that the chamber will dispatch a delegation to Bahrain on May 3, lead by Yahya Ale Eshaq head of Iran's Chamber of Commerce, Industries, and Mines.
According to IRNA, Mir-Mohammad Sadeqi praised Tehran-Manama relations, saying both sides are trying to push the bilateral ties into a better level.
"Iranian and Bahraini investors are eager to construct hotels in Tehran, Mashad, and the North of Iran in the form of joint ventures," the official added.
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