Wednesday, 13 September 2017 10:48

Ukraine’s Imports from Iran Up 30%

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Ukraines Imports

Ukraine’s Imports from Iran Up 30%: Official

September, 12, 2017 - TEHRAN (Tasnim) – The president of the Chamber of Commerce and Industry of Ukraine said the Eastern European country’s imports from Iran increased by 30 percent in 2016 compared to a year earlier.

Speaking at the Ukrainian-Iranian business forum, Gennadiy Chyzhykov said from January to May 2017, the volume of Ukrainian exports to the Islamic Republic increased by 78% compared to the same period last year.

“In 2016, compared with 2015, exports from Ukraine to Iran increased by 32%, while imports from Iran -by 30%,” said Chyzhykov.

He further stressed that to increase the volume of foreign trade between Ukraine and Iran, the two countries should prevent the mediation of third countries in building a chain supply.

The remarks came against the backdrop of a new wave of interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached a conclusion over the text of a comprehensive 159-page deal on Tehran’s nuclear program and started implementing it on January 16, 2016.

The comprehensive nuclear deal, known as Joint Comprehensive Plan of Action (JCPOA), terminated all nuclear-related sanctions imposed on Iran.


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