Economy, Domestic Economy

Q1 Exports to S. Korea Up 6.7%

Q1 Exports to S. Korea Up 6.7%Q1 Exports to S. Korea Up 6.7%

Iran’s exports to South Korea saw a 6.7% rise in the first quarter of 2016 compared with last year’s corresponding figure and reached $638.69 million. Iran ranks 29th in the list of countries exporting to South Korea, IRNA quoted Korea International Trade Association as reporting.  Meanwhile, Iran’s imports from South Korea saw a 44.7% decline to reach $660.22 million during the period. South Korean President Park Geun-hye is leading a delegation of more than 200 businesspeople from such fields as construction, energy, finance, shipping and steel to Iran from May 1-3 to expand bilateral trade ties.