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Iran-Ukraine Trade to Hit $2.5bn

Service : Economy
TEHRAN, July 14 (ICANA) – Iranian and Ukrainian officials have called for increasing the volume of trade exchange between the two countries from the current one billion dollars to 2.5 billion dollars.
Thursday, July 14, 2011 10:20:12 PM
Iran-Ukraine Trade to Hit $2.5bn

The caretaker Minister of Industry and Mine Mehdi Ghazanfari and Vice Chairman of the Ukrainian Parliament Nikolay Tomenko made the appeal during a meeting in the Iranian capital Tehran on Wednesday.

“Given the high capacities of Tehran and Kiev, the level of (economic) ties could be increased,” Ghazanfari said.

He added that Iran will hold a trade exhibition in the Ukrainian capital Kiev on 18-23 October to showcase Iranian products.

Ghazanfari asked Kiev to ease visa regime for Iranian businessmen visiting Ukraine.

The two officials also agreed a Ukrainian delegation to visit Tehran in September to discuss ways for expansion of economic relations.

Tomenko, for his part, said that Ukraine attaches great importance to expansion of ties with the Islamic Republic.

He noted that his country exports iron, steel, machineries, locomotive parts and oilseeds to Iran and imports pistachio, nuts, dried fruits, ceramics and tiles from the country.

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