ID :
205105
Sun, 09/04/2011 - 12:07
Auther :
Shortlink :
https://oananews.org//node/205105
The shortlink copeid
EU Boosts Imports from Iran by 28% despite Sanctions
TEHRAN (FNA)- The European Union increased its imports from Iran by 28% in June 2011 despite the unilateral embargos imposed by the US and its European allies against Iran, a report by Eurostat said.
According to Eurostat estimates, the 27-memebr bloc imported 1.708 billion euros worth of goods from Iran in June, showing a 28% growth compared with the value of imports in May.
The report added that the European Union's exports to Iran amounted to 807 million euros in the same month.
The report added that the total value of trade exchanges between Tehran and the EU amounted to 2.515 billion euros during the said period.
Despite the hostile policies and moves of the United States and its European allies, Iran has shown a promising trend of growth in area of economy.
Iran is under four rounds of UN Security Council sanctions for turning down West's calls to give up its right of uranium enrichment, saying the demand is politically tainted and illogical.
Yet, last year the US and the European Union approved a set of extra unilateral sanctions against the Islamic Republic over its nuclear program, mostly targeting the country's energy and banking sectors, including a US boycott of gasoline supplies to Iran.
Iran says that western sanctions and pressures have only consolidated the Iranians' national resolve and encouraged them to reach self-sufficiency in many economic areas, including gasoline production.
According to Eurostat estimates, the 27-memebr bloc imported 1.708 billion euros worth of goods from Iran in June, showing a 28% growth compared with the value of imports in May.
The report added that the European Union's exports to Iran amounted to 807 million euros in the same month.
The report added that the total value of trade exchanges between Tehran and the EU amounted to 2.515 billion euros during the said period.
Despite the hostile policies and moves of the United States and its European allies, Iran has shown a promising trend of growth in area of economy.
Iran is under four rounds of UN Security Council sanctions for turning down West's calls to give up its right of uranium enrichment, saying the demand is politically tainted and illogical.
Yet, last year the US and the European Union approved a set of extra unilateral sanctions against the Islamic Republic over its nuclear program, mostly targeting the country's energy and banking sectors, including a US boycott of gasoline supplies to Iran.
Iran says that western sanctions and pressures have only consolidated the Iranians' national resolve and encouraged them to reach self-sufficiency in many economic areas, including gasoline production.
