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EghtesadOnline: Iran exported more than €1.26 billion worth of goods to Greece in 2017, indicating a 68.8% surge compared with that of the previous year.

Iran’s imports from the European country during the same period amounted to nearly €32.1 million, showing a 5.86% rise year-on-year, according to the latest Eurostat figures reviewed by Financial Tribune.

Iran-Greece trade stood at over €1.29 billion last year, registering a 66.33% YOY growth. This makes Greece Iran’s sixth biggest trade partner from among the 28 member states of the European Union in 2017 after Italy, France, Germany, Spain and the Netherlands in a descending order.

Greek Prime Minister Alexis Tsipras was the first western leader to visit Iran after the lifting of international sanctions against Iran over Tehran’s nuclear program, according to Financial Tribune.

“Greece will become an energy, economic and trade bridge between Iran and European Union,” Tsipras said in Tehran in February 2016. Sanctions against Iran began to roll back as of Jan. 16, 2016, as part of the nuclear deal the country signed with world powers a year earlier.

 

Iran Greece Trade