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Massive Slump in Austrian Exports to Iran

Published: June 24, 2019; 12:38 · (Vindobona)

Trade between Iran and Austria is shrinking. Austrian exports to Iran fell by 11.1 % in 2018, as the Foreign Trade Centre Tehran of the Chamber of Commerce reported. In addition, a further decline is expected after the negative GDP growth in 2018/2019. In addition, there are fears of a further currency decline of the rial and rising inflation.

This article includes a total of 285 words.

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