Economy, Domestic Economy

Iran, Slovenia Sign 3 MoUs

Iran, Slovenia Sign 3 MoUsIran, Slovenia Sign 3 MoUs

Heading a 50-strong commercial delegation, Slovenian President Borut Pahor arrived in Tehran on Tuesday morning and was officially greeted by Iranian President Hassan Rouhani.

In the presence of the two presidents, three memoranda of understanding were signed to expand economic interactions and increase cooperation in the fields of ICT and nanotechnology, IRNA reported.

Later in the day, Pahor met Iranian Energy Minister Hamid Chitchian and attended a business forum where economic players from the two countries surveyed avenues for expanding bilateral cooperation in a wide range of fields, including air transport, banking and finance, energy, tourism, telecommunications, electronic equipment, agriculture, pharmaceuticals, food production and mines.

According to the Islamic Republic of Iran Customs Administration, Iran exported $754,000 worth of goods to Slovenia in the last Iranian year (March 2015-16), registering a 2% increase compared to the year before. Iran's imports from Slovenia stood at $11.4 million during the same period, down 18%.

IRICA’s latest data show Iran exported 1,200 tons of non-oil goods worth $442,500 to Slovenia during the seven months to October 21, which indicates a 7% rise in value year-on-year. The exported commodities include polyethylene, zinc and iron ore.

Iran imported 3,200 tons worth $12.8 million during the same period from Slovenia, registering a threefold rise in value over last year’s corresponding period. The imports mainly included machinery, paper, glassware, pharmaceuticals and air-conditioners.

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