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Iran's EU exports up despite sanctions

Source: Press TV

Iran's exports to EU member states rose by 55 percent during the country's fourth five-year development plan (2005-2010), the Trade Promotion Organization (TPO) of Iran has said.


The value of Iran's exports to EU states reaches from $1.3 billion in the year 1384 (21 March 2005-20 March 2006) to $2.13 in the year 1388, which ended on March 21, 2010, IRNA quoted Reza Tofiqi, an official for the TPO international affairs as saying on Saturday.

He added that the volume of Iran's non-oil exports to EU states showed a 49 percent increase over the same period.

"Iran's non-oil exports to the European Union revealed an eight percent boost during the first seven months of the current Iranian calendar year of 1389 (started on March 21, 2010)," the TPO official said.

The UN Security Council imposed a fourth round of US-engineered sanctions resolution on Iran over Western allegations that Tehran is developing a military nuclear program.

Iranian officials refute such allegations and stress that as a member of the International Atomic Energy Agency and a signatory to the Nuclear Non-Proliferation Treaty, the country has a legitimate right to pursue peaceful nuclear technology.

... Payvand News - 01/02/11 ... --

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