Iran's Imports from EU - One Month
September 27, 2003
Islamic Republic of Iran Broadcasting
IRIB News
Tehran -- Over 237,800 tons of non-oil commodities valued at 652 million dollars were exported to Iran from member states of the European Union in the month of Mordad of 1382 (July 23- August 22).
According to Iran's customs administration, the figures for imports show a 27 million dollar increase compared to the figures for the similar period of previous year (1381) which stood at 625 million dollar.
Iran imported over 205,700 tons of goods from the EU member states in the month of Mordad of the previous year.
The value of Iran's imports from Germany stood at 212,685 million dollars over the same period this year which had the lions's share in Iranian imports from the EU member states.
Over 55,800 tons of goods valued at 238,400 million dollars were exported to Iran from Germany in Mordad of 1381.
Germany, France, Italy, England and Sweden are major exporters to Iran.
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Foreign investment in Iran up by 70 percent over past 5 months
The total amount of foreign investment made in Iran`s economy over a period of five months starting March 21 reached as much as 836 million dollars, showing a growth of 70 percent compared to the past 12 months, IRNA reported from Tehran.
The Persian-language newspaper `Kar-o Karegar` on Saturday reported that 23 foreign investment projects had been launched in the Islamic Republic over the period, and that 78 percent of the investments had been made in such fields as chemicals, oil products, rubber and plastics and basic metal industries.
Kar-o Karegar quoted a report by Iran`s Center for Analyzing News on Privatization as stressing that foreign investors had invested over 650 million dollars in the said fields.
The center reported that Italy`s MCC S.P.A. has had the highest share of investment in Iran`s industries over the period by investing about 300 million dollars in the development of Phase 2 of the Almahdi Aluminum Complex as buy-back deals.
It also stressed that India has launched the highest number of investment projects in the Islamic Republic with a total investment of 5.5 million dollars. Germany and Turkey follow India in the second and third places.
The center further stressed that the British American Tobacco (BAT) has invested 34 million dollars for producing cigarettes in Tehran over the same period.
It also added that Turkey is constructing a plant in Iran`s East Azerbaijan Province for producing jeans, stressing that the project is worth 2.2 million dollars.
Furthermore, the center reported, Liberia has made an investment of six million dollars in a project to construct oil storage facilities in Iran to become the first African state to make a major investment in Iranian economy.
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