Iran Exports to CIS Stand at $692m in H1
IRAN NEWS ECONOMIC DESK
TEHRAN – Director General for Europe-U.S. Office of Iran’s Trade Promotion Organization says according to the statistics, Iran has exported goods worth of $13.56b in the first half of the current year and its exports to the Commonwealth of Independent States (CIS) have been around $692m.
Behrouz Olfat said that Iran has exported goods worth of $692m to the CIS countries this year which shows growth in exports to Belarus, Ukraine, Kazakhstan, Russia, Tajikistan and Moldavia comparing to the same period, but its exports to Georgia, Turkmenistan, Armenia, Uzbekistan, Kyrgyzstan and Azerbaijan have declined in the same period.
He further said the outbreak of coronavirus and health protocols which led to the closure of borders in some countries and border disputes of Azerbaijan and Armenia in Karabakh as well as the cruel sanctions of the West have been the main factors for the decline in Iran’s exports to the CIS countries, expressing hope by resolving these problems exports to this region would boom as before.
Olfat also noted that Iran’s imports from the CIS countries stood at $811m in the first half of the year which shows 2 percent fall comparing to the same period last year and only imports from Russia and Ukraine have increased in the first half of the year.