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Iranian Consul General Agha Mohammad Rafiei has said that the Pak-Iran business level will soon be increased to $5 billion yearly from the current $1.5 billion.

UAE, China, India and Turkey are 4 first major destination of Iranian goods via south customs.

Deputy Minister of Economic Affairs and Finance reported that Iran is ready to concede millions of economic projects to foreign investors.

Iranian delegation will go on a trip to Paris to participate in the second edition of Euromoney Conference.

Deputy Minster of Economic Affairs and Finance said foreign trade volume in the first 10 months of the current year (based on Persian calendar) stood at $80 bn, adding out of 80 billion dollars, $37 bn was the share of exports and over $42 bn was for imports.

Iran has been able to absorb 12 billion dollars foreign investment so far and also some projects are under construction by $17 bn worth of Chinese finance.

Export Development Bank of Iran's CEO said we have brokerage relations with 132 banks, adding we have 38 active bank accounts in various countries and those countries that we have economic relations with them are in our priority.

Iran's members of Parliament determined finance ceiling up to 30 billion dollars for the next year.

The world prize of Lee Kuan Yew, Founder of new Singapore, was awarded to Iranian scientist, Dr. Ali Tayebnia, for the fist time.

Director General of International Affairs of Iran's Central Bank said the Central Bank's plan versus UAE is finding alternative markets in banking and monetary activities area in the Persian Gulf, adding the problem of Iranians' blocked bank accounts in China has been solved.