IFP Exclusive

French envoy says trade between Iran, Europe standing at $6.5 billion

The French ambassador to Tehran says volume of trade between the European Union and Iran reached 5 billion euros last year. Philippe Thiebaud said this figure is considerable.

He added that if other European countries that are not members of the EU are included, trade between Europe and Iran stands at 6.5 billion euros.

The French ambassador to Tehran added that the bloc tops the rest of the world in terms of helping countries to boost their trade and also in terms of establishing trade relations with world nations.

Thiebaud also said the EU is committed to good trade and economic relations with Iran and that eight million euros have been allocated to this project.

He stressed that the EU recently unveiled a 7-year cooperation strategy with the Islamic Republic of Iran.

According to the French envoy, as per the strategy, 87 million euros were allocated to various projects in Iran, including 7 million euros for trade cooperation projects.

Thiebaud voiced hope that the Vienna negotiations on the revival of the 2015 Iran nuclear deal will pay off.

He said the EU is actively participating in the talks and it hopes to increase trade with Iran following the lifting of anti-Iran sanctions.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Israeli attack on Lebanon kills Hezbollah spokesperson

An Israeli attack targeting a building in central Beirut has killed Hezbollah’s spokesman Mohammad Afif,…

1 hour ago

Iranian defense minister meets Syrian president, talks regional security

Brigadier General Aziz Nasirzadeh, Iran’s Minister of Defense, met with Syrian President Bashar al-Assad in…

1 hour ago

Iranian journalist Zeynab Alipour passes at 33

Zeynab Alipour, a dedicated journalist for Jam-e Jam newspaper, passed away on Saturday evening due…

3 hours ago

Russia hits Ukraine’s power grid in biggest missile attack in months

Blasts rang out across Ukraine’s capital Kyiv and other cities early on Sunday, as Russia…

7 hours ago

At least 50 Palestinians killed in Israeli air raid on northern Gaza

At least 50 Palestinians were killed in Israeli airstrikes on a five-story residential building in…

7 hours ago

Biden meets Xi, condemns North Korean soldiers dispatch to Russia for fight against Ukraine

Outgoing US President Joe Biden met Chinese President Xi Jinping in Lima, Peru, to discuss…

7 hours ago