Iran’s Annual Foreign Trade Exchange Stands at $150bln

(FNA)- The trade exchange between Iran and the world states amounted to $150bln in the current Iranian year (which ends on March 20), First Vice-President Eshaq Jahangiri said.

Jahangiri said Thursday that 18 months after President Hassan Rouhani took office, the government has managed to slash a more-than-40 percent inflation rate to 16 percent.

Speaking during a ceremony to inaugurate Iran's first automatic railway control system, he said that the country's trade exchange reached $150 billion over the past year.

The government plans to continue this trend next year, Jahangiri said.
In relevant remarks on Wednesday, President Rouhani announced that the country had set a new record in exports of non-oil goods in the current Iranian year (will end March 20).

"We have exported $50 billion worth of non-oil goods this year which is a record, and the country will have better conditions next year," President Rouhani told reporters.

The Iranian president pointed to the country's economic achievements, and said, "The statistical figures tell us that we have achieved big and remarkable economic achievements."

He noted that Iran also achieved great successes in foreign policy, and said, "We have taken some steps in expansion of relations with the neighbors and the world countries, including negotiations with the Group 5+1 (the US, Russia, China, France and Britain plus Germany)."

President Rouhani said Iran has also made progress in agriculture, industry and mining sectors.   

He expressed the hope that the next Iranian year would be prosperous for the country, and said, "We will boost the level of our economic relations with other countries in the coming years… ."