Switzerland’s Exports to Iran Rise in 2017

The volume of Switzerland’s exports to Iran grew in 2017, the spokesman for the European country’s State Secretariat for Economic Affairs said.

“The positive trend for the export of goods – apart from precious metals – continued this year,” Fabian Maienfisch told the audience at the fourth Europe-Iran Forum external link, which is being held for two days in Zurich, Swissinfo.ch reported.

During the first seven months of 2017, Swiss exports to Iran grew by 24.7% to CHF249.9 million ($256.2 million), compared to the same period a year ago.

This follows a trade agreement external link between the two countries that came into force in mid-March; it had been frozen since 2005.

Last year total exports (excluding precious metals) to Iran grew by 11.1%, compared to 2015, to CHF496.1 million.

(Source: Tasnim, under Creative Commons licence)

No comments yet.

Leave a Reply