Economy, Domestic Economy

Opportunities in Halal Market

Opportunities in Halal MarketOpportunities in Halal Market

Iran has exported around $4.2 billion worth of Halal food products over the past few years despite the economic sanctions [imposed by the West over Iran’s nuclear energy program], said the Iranian Ambassador to Russia in a conference held at Halal Expo Moscow 2015, IRNA reported. “Iranian food products are Halal by default so there are abundant opportunities to boost the industry,” said Sanayee, adding that the global market for Halal foods is rapidly growing. Around 160 companies from 60 countries, including Russia, Iran, Malaysia, Tunisia, Afghanistan, Turkey, and Azerbaijan attended the Moscow event, which was held on May 21-23.