Iran non-oil exports to ASEAN states surge, hit $1.3b

May 12, 2009 - 0:0

TEHRAN – Iran exported nearly $1.3 billion worth of non-oil products to the member states of the Association of Southeast Asian Nations (ASEAN) in last Iranian calendar year (ended March 20, 2009), the Trade Promotion Organization of Iran’s Deputy Director Babak Afqahi said here on Monday.

This figure shows a notable 167 percent growth in comparison to the preceding year's figure of $465 million, the Mehr News Agency reported.
“High potentials of the ASEAN market for Iranian-made products and the government’s positive approach to expand trade relations with the Southeast Asian nations are the major reasons for the significant rise in exports,” Afqahi said.
The ASEAN is in free trade contract with Australia and New Zealand, so Iran can take advantage of this issue to promote economic relations with the Oceania countries, he noted.
Petrochemicals, carpet, pistachio, citrus fruits, medicinal herbs, and food products are the major exported items to ASEAN countries.
The Association of Southeast Asian Nations is a geo-political and economic organization of 10 countries located in Southeast Asia, which was formed on 8 August 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since then, membership has expanded to include Brunei, Burma (Myanmar), Cambodia, Laos, and Vietnam