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Politics
2021-December-7  20:46

President Underlines Iran’s Increased Exports, Revenues despite Sanctions

TEHRAN (FNA)- Iranian President Seyed Ebrahim Rayeesi said that the country has made progress in exporting oil and products and gaining revenues despite the US cruel sanctions, adding that the economy will not be tied to the Vienna negotiations.

Addressing a meeting with students of Sharif University of Technology on the occasion of Students Day in Iran on Tuesday, Rayeesi said that his administration will not tie the economy and people's livelihood to the Vienna negotiations.

"The available foreign exchange resources are in a good condition and, unlike the first days when we took office, we are not worried about the situation," he added.

“Oil sales are also in good conditions despite threats and sanctions, and oil and condensate exports have increased,” Rayeesi said.

“In spite of all the problems, efforts have been made to increase the country's revenues and oil and condensate exports, as the number of exports has increased by 40% during this period,” he said.

"After the visit to Tajikistan, the volume of economic exchanges with the country has tripled," Rayeesi said.

Iran's customs office announced last month that the country's exports to members of the Economic Cooperation Organization (ECO) have increased 60% in the past 7 months compared with the same period last year.

Iran has maintained a trade surplus of $2.8 billion with the ECO members in the seven months to late October, customs office Spokesman Rouhollah Latifi said.

He added that Iranian exports to the 10-member ECO bloc had amounted to over $6 billion in the seven months to October 22, an increase of 60% compared with the same period last year. 

Latifi said the value of exports to ECO countries over the period had exceeded figures seen before the coronavirus hit trade in the region in 2019. 

He said exports to Turkey had been responsible for 56% of all shipments sent to the ECO bloc at nearly $3.4 billion. Exports to Afghanistan and Pakistan reached $1.12 billion and over $655 million, respectively, added the official. 

On Imports from ECO, Latifi said that shipments had increased by 31% year on year in March-October to more than $3.3 billion with Turkey being the largest supplier at $2.861 billion.