Iran's exports to UAE increase despite sanctions

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News code : ۹۴۱۴۱۳

Director-general of Iran’s Arab and African Office of the Trade Promotion Organization announced that Iran exports to the United Arab Emirates have increased in the first quarter of this year.

Farzad Pilten said on Friday that Iran's exports to the UAE reached about $ 1 billion, showing an 8% increase compared to the same period last year; Adding "Iran's exports to the UAE was about $ 900 million."

"Statistics show that Iran exports to this country have reached 3.4 million tons from 2.4 million tons compared to the same period last year, which shows an increase of about 40%," he confirmed.

According to reports, the UAE remains one of Iran's biggest trading partners despite Abu Dhabi’s hostile foreign policy posture against the country and US sanctions against Tehran.

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