Trade With Austria  Grows 34%
Economy, Domestic Economy

Iran's Trade With Austria Grows 34%

Iran exported more than €114 million worth of commodities to Austria during the 11 months to Nov. 30, 2017, indicating a 120% hike compared with the corresponding period of last year. Imports from the European country into Iran amounted to €276.96 million during the same period, showing a 15% increase YOY, the latest Eurostat figures shared with Financial Tribune show. As such, Iran-Austria trade stood at over €391.6 million to register a 34% rise compared with the similar period of last year.  Austria’s Oberbank signed a finance deal worth €1 billion with 14 Iranian banks in September to fund Austrian development of civil and production projects in Iran. The contract was signed during the Iranian delegation’s visit to Austria headed by Ahmad Araqchi, CBI’s deputy for foreign exchange affairs, and Mohammad Khazaei, deputy minister of economy.


Short URL : https://goo.gl/ud1679
  1. https://goo.gl/rTMBme
  • https://goo.gl/X6FSfr
  • https://goo.gl/3orvUJ
  • https://goo.gl/VBpiZf
  • https://goo.gl/NAA3EU

You can also read ...

Windfall Taxation on Gold Coin, Forex Trading
Government is to levy taxes on gold coin and foreign currency...
BMW, Mercedes Boxed in  by Tariff Battles
US President Donald Trump’s escalating trade spat threatens to...
Iran Could Join Russia’s Regional Payment Network
Russia is looking to establish a regional payment network in...
China Auto Firms to Set Up Ride-Sharing Platform
Chinese firms FAW Group, Dongfeng Automobile and Chongqing...
Challenges Ahead for Banking System
The chief executive of Bank Refah said limited overseas...
IMIDRO Concludes Largest Aerial Geophysical Survey
Iran’s largest mining holding has concluded the last stage of...
Exports From Fars Province Hit $1.3b
Exports from Iran’s southern Fars Province saw a 25% rise...
Non-Oil Exports From Shahid Rajaee Port Grow 3.8%
Non-oil exports from the southern Shahid Rajaee Port during...

Add new comment

Read our comment policy before posting your viewpoints