Iran’s largest trade center opens in Russia’s Astrakhan

TEHRAN, Oct. 25 (MNA) – Iran’s biggest trade center “Iranians' Trade House” in Astrakhan has been inaugurated in the southern Russian city in the presence of Iranian Ambassador Mehdi Sanaei.

With the inauguration of this trade center, fourteen chambers of commerce from various provinces of Iran have officially kicked off their trade and commercial activities in Astrakhan.

The center, constructed by Guilan Chamber of Commerce, Industries, Mines and Agriculture, has opened one hundred years after the shutdown of a previous Iranian trade center in Astrakhan.

Russian port of Astrakhan is a center for commercial activities of nearly 200 Iranian firms which has turned the port to the largest center of Iranians’ economic activities in the Eurasian country.

According to commercial attaché at Iran’s embassy in Russian Federation, figures for foreign trade turnover between the two sides reveal that Iran’s export to Russia rose from 168 million dollars in the first half of 2016 to as much as 228 million dollars in the same period in the ongoing year.

Figures further show that in the first half of the year 2017, Iran had exported products worth 228 million dollars to Russia and imported 509 million dollars from the Eurasian country.

It is worth noting that major exported goods from Iran to Russia include dairy, poultry, eggs, aquatic, shoes, and flowers.

MS/4124141

News Code 128934

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