Bulgaria doubles trade turnover with Iran

Feb 09, 2011 12:00 AM

“The economic relations between Bulgaria and Iran are improving,” Iran’s ambassador to Sofia, HE Gholamreza Bagheri said at a press conference on the occasion of Iran’s National holiday.
“In the last 10 months of 2010, the trade volume between Iran and Bulgaria doubled reaching the sum of $ 117 mm,” Mr. Bagheri informed, quoting the data of Bulgaria’s Customs Agency.
Indications for the progress of cooperation between Bulgaria and Iran are the visit to Sofia at the beginning of February 2011 of a delegation of the Iranian Chamber of Commerce and Industry and the Bulgarian-Iranian business forum.
“Iran, the second largest world reserve of natural gas, is ready to cooperate with Bulgaria in the field of energy,” Mr Bagheri stated.
“In case the economic sanctions imposed on Iran by the West are removed, Iran can deliver enough natural gas for Nabucco gas pipeline,” ambassador Bagheri also stated.

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