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Home International Customs

Iran expects to double trade exchanges with UAE in future

byCustoms Today Report
03/09/2015
in International Customs
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DUBAI: Iran’s Ambassador to the United Arab Emirates said that with improvement of situations and acheivement of nuclear deal (between Iran and G5+1), trade exchanges between the two countries will double in the future.

Mohammad Reza Fayyaz told that trade exchanges between the two countries in 2014 stood at 18 billion dollars.

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He added that trade between the two states is so dynamic that it is equal to or even more than Iran’s total trade with several other countries.

Fayyaz said that trade balance last year was positive infavor of the UAE, but Iran will try to tilt the balance in its favor although it is tough task.

He added that the UAE market is suitable for trade, tourism and technical-engineering services of Khorasan Razavi Province.

The ambassador promised to render every kind of assistances to Iranian businessmen to enter such important competitive market.

Fayyaz is in Mashad to attend a ceremony marking the launching of direct flight by the Emirate Airline between Mashad and Dubai.

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