Official: Iran Capable of Exporting $100bn Worth of Goods to Neighboring States

Date: 27 October 2021 - 21:46

News ID: ۹۵۹۰۵

TEHRAN - Head of Iran’s Trade Promotion Organization (TPO) Ali Reza Peymanpak has underlined that his country has high potentials and capabilities to export $100 billion worth of non-oil products to its neighboring states.
“We have divided export target markets into first and second priorities. The first priority is 23 countries, including neighboring countries of China, India, Russia, Kenya, and Malaysia, while the second priority includes the remaining countries,” Peymanpak said in a meeting with economic activists in Tehran.
“We can grab the 100-billion-dollar market of the neighboring countries and with regard to India we have the capacity to export $28 billion worth of goods to that country,” he added.
The official called for preparing a roadmap for exports in the country in line with the goal of increasing exports.
Referring to the Preferential Trade Agreement (PTA) with Eurasian Economic Union (EAEU), he said that Iran is able to export $10 billion worth of products to EAEU member states when the PTA is implemented.