Envoy: Iran-UAE trade to double

Envoy: Iran-UAE trade to double
Iran's ambassador to the United Arab Emirates said bilateral trade will double in the future following the July 14 nuclear deal between Iran and P5+1 and improved international interactions.

Mohammadreza Fayyaz told IRNA in Mashhad on Tuesday that trade exchanges between the two countries in 2014 stood at $18 billion.

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 in favor of the UAE, but Iran will try to tilt the balance in its favor although it is a tough task.

The UAE market, he noted, is suitable for trade, tourism and technical-engineering services for Khorasan Razavi province.

The ambassador promised all assistance to Iranian businessmen to enter such an important and competitive market.

Fayyaz is in Mashhad to attend a ceremony to launch direct Mashhad-Dubai flight by Emirate Airlines.


Sep 2, 2015 10:19
Iran Daily |

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