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Australia eyes Iran's lucrative market Australia eyes Iran's lucrative market
Publish Date : 1395/6/14 Time 12:55:26
Australia eyes Iran's lucrative market
Australia eyes Iran's lucrative market
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In the wake of lifting sanctions agasint Iran which caused $1b-Australian exports' decrease, Australians hope to enter Iran's profitable food and meat market.
While Australian's agricultural exports to Iran were $1b twenty years ago, it was decreased by $360m, according to Farm Online website.
Australian merchants came to Iran last week to guarantee their entrance to Iranian market identifying trade opportunities.
Referring to the fact that Australian economy is dependent on Middle East's market, the website reported that 31% of sheep meat and 29% of lamb meat were exported to Middle East from Australia.
Source: IRNA