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Italian 300 traders to explore investment opportunities in Iran: Customs Administration

byCustoms Today Report
22/07/2015
in Uncategorized
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TEHRAN: Italian Economic Development Minister Federica Guidi, heading a delegation of 300 traders and businessmen, is scheduled to travel to Iran on August 4 for a two-day visit. The delegation aims to explore new investment opportunities in Iran after removal of sanctions against the Islamic Republic, the ISNA news agency reported on Tuesday.

Italy took the lead among Iran’s European trading partners in the previous Iranian calendar year, which ended on March 20. Italy was the 9th leading importer of Iranian non-oil goods during the first quarter of the current Iranian year (March 21-June 21), according to the Iran Customs Administration.

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Iran exported $124.605 million of non-oil goods to Italy and imported $205.856 million of non-oil goods from the country during the three-month period. Italy was also the 9th leading importer of Iranian non-oil goods in the previous Iranian calendar year, with importing $618.419 million of non-oil goods from Iran and exporting $1.059 billion of non-oil goods to the country, accounting for 1.5 percent of Iran’s total non-oil trade.

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