Iran’s exports to the 28 member states of the European Union in the first half of 2015 witnessed a 14-percent increase over the corresponding period last year, according to data released by the EU statistical office, Eurostat.
The bloc’s imports from Iran during the six months reached €550 million, showing a 14-percent rise compared to €480 million for the same period in 2014, said the Eurostat report.
Total trade between Iran and the EU in the first half of the current year amounted to €3.705 billion — a rise of seven percent compared to the figure for the same period in 2014.
The value of Iran-EU trade in the corresponding period last year stood at €3.465 billion, the report said.
Experts expect Iran’s trade with the world, especially the European countries, to rise remarkably after the final nuclear deal between Tehran and P5+1 takes effect.
On July 14, Iran and six world powers reached an agreement on the text of a comprehensive 159-page deal on Tehran’s peaceful nuclear program. The deal envisages the removal of all sanctions once it goes into effect.
