Share of Iran in Global Trade Just 0.47 Percent: Official

June 17, 2001 - 0:0
MASHHAD, Khorasan Province Head of the Export Promotion Center of Iran (EPCI) Mojtaba Khosrotaj said here Saturday that Iran's share out of the global trade is mere 0.47 percent.

Khosrotaj told inaugural ceremony of the Third Mashhad International Trade Fair that the figure equals $30 billion worth of annual exports of oil, gas, goods and services from Iran.

He said global export value is $6,358 billion based on the latest statistics available.

He referred to government's policy to ease exports and said the measures taken to ease regulations had facilitated exports.

To this end, $3.8 billion worth goods and services were exported over the past three months, that means meeting 92 percent of the target set for the first year of the Third Five-Year Economic Development Plan (2000-2005), added Khosrotaj.

Managing Director of the fair Mahdi Cheraghi said 160 Iranian and 15 foreign companies have taken part in the week-long fair, IRNA said.