Iran - Dubai trade put at $6.1 billion

Published February 23rd, 2006 - 01:53 GMT
Al Bawaba
Al Bawaba

Qasem Mirzaii, Iran’s trade advisor in the United Arab Emirates (UAE), said that the value of total trade between Tehran and Dubai amounted to Dh 22.4 billion ($6.1 billion) in fiscal year 2003/2004. The Iranian official added that this bilateral trade volume included $2.2 billion Iranian exports to Dubai. Thus, the bilateral trade balance is still in favor of Dubai, the official said, according to Khaleej Times.

 

Mirzaii estimated at 250,000-300,000 the total number of Iranians living in the UAE.