Economy, Domestic Economy

Imports From Arab-African States Decline

Imports From Arab-African States DeclineImports From Arab-African States Decline

Iran’s imports from Arab and African states decreased by more than 36% in the last Iranian year (ended March 19, 2016) compared to the previous year to stand at $8.2 billion, director general of the Arab-African States Department of Iran Trade Promotion Organization said. Farzad Piltan added that imports from the UAE registered the sharpest decline in the period. “Exports to these countries increased by 5% to reach $13 billion over the same period,” our sister publication Donya-e-Eqtesad quoted Piltan as saying.