26 Apr 2024
Wednesday 14 August 2013 - 16:01
Story Code : 44719

Iran ups exports to Iraq via Arvand FTZ by 73 Percent

Iran ups exports to Iraq via Arvand FTZ by 73 Percent
TEHRAN (FNA)- A senior customs official said Wednesday that Iran exported over $176mln of various good and commodities to Iraq through Arvand Free Trade Zone (FTZ) in the Southern Province of Khuzestan in the first four months of the current Iranian year (started on March 21), adding that the figure shows an approximately 73% of growth.


Managing-Director of Arvand Free Trade Zone Organization Mehdi Nikpey said that the figure indicates an increase of 73 percent in terms of value compared to that of the corresponding period last year.

He underlined that some $102mln worth of commodities were exported to Iraq last year.

Nikpey stressed that detergent, foodstuff and construction materials were main exported items.

Iran and Iraq have enjoyed growing ties ever since the overthrow of the former Iraqi dictator, Saddam Hussein, during the 2003 US invasion of the Muslim country.

By Fars New Agency

 

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