Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Related Articles
Rebar. air-conditioning engines. ferrosilicon. raisins. vaseline. pickles. dairy products. earthenware and cookware. make up the main commodities exported from the mid-Western Iranian province of Hamedan in the first quarter of the local fiscal.
Turkey. Iraq. Pakistan. China. Afghanistan. Bulgaria. Ukraine. India. the UAE. Armenia and the Netherlands were the main export destinations.
The province’s imports in the same period amounted to 2.040 tons worth $201.000. The figure indicates a 41% and 55% increase in volume and value. respectively compared with the similar period of last year.
Germany. Austria and Spain were the main exporters to the province during the period. shipping products including. knitted fabric. potato seeds. polypropylene. textile products. auto parts. graphite electrodes used in furnaces and milling machine to Iran.
Iranian officials started planning for policies to counter the US possible sanctions a year before Donald Trump entered into office in early 2017. The policies are now proving effective as economic indexes are indicating inefficacy of the US pressures.
Earlier in July. Iranian Industry Minister Reza Rahmani said that despite US efforts to cripple Tehran’s economy. year-on-year comparison shows that the country’s domestic production has increased in the first quarter of the local calendar year (March 21-June 21).
US sanctions were imposed to hamper production in Iran. however. we are proud to announce that after 14 months of sanctions the area has grown one percent in the first three months of the present Iranian year (started on March 21) in comparison with the corresponding period in last year. Rahmani said in Iran’s Northeastern province of North Khorasan.
We did not let production decrease and that is a victory despite the difficulties we had under sanctions. he added.
The minister underlined that the government seeks to increase exports under the current conditions and called for providing the ground for investors.
