News ID: 153002
Published: 0224 GMT June 11, 2016

Exports to Russia to increase soon

Exports to Russia to increase soon

The Iranian government's decision to expand exports to Russia will yield results within ten days, predicted the head of Iran-Russia Joint Chamber of Commerce.

According to Mehr News Agency, Asadollah Asgaroladi pointed to the special meeting chaired by First Vice President Es'haq Jahangiri to reinvigorate Iran's exports to Russia and said, "Attended by Deputy Vice President for Coordination and Supervision Reza Viseh, the meeting last week adopted appropriate decisions, the outcomes of which will become tangible in the coming ten days."

He added that despite the political resolve of Iranian and Russian authorities to broaden trade ties, this objective has not yet been fulfilled as Iran has only exported goods worth $50 million to Russia during March 20-April 20 this year.

"(Russian President) Vladimir Putin's visit to Tehran presented good opportunities to the country's trade and export sector as the tariff for entry of ten Iranian goods to Russia has reached zero," underlined Asgaroladi maintaining, "However, exporters are not able to benefit from this due to structural limitations."

He pointed to the government's determination to step up bilateral trade with Russia for which proper decisions have been taken.

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