Iran’s trade with the members of the Economic Cooperation Organization (ECO) reached $20.5 billion in the previous Iranian calendar year 1401 (ended on March 20), the head of the Islamic Republic of Iran Customs Administration (IRICA) said.
According to Mohammad Rezvani-Far, Iran exported $13 billion worth of commodities to the said nations last year, while the imports stood at $7.5 billion, IRNA reported.
Referring to the trade potentials of ECO member countries in various fields, such as rail and land transport, common borders, as well as territorial and population size, Rezvani-Far said the volume of commercial exchanges with ECO members should be more than this figure.—Tehran Times
