Filipino banana producers used to export 30 percent in their produce to Iran.
The past United Nations change restrictions imposed on Tehran, but, caused a decline in Philippine shipments to Iran.
“The current lifting of the exchange sanctions should suggest Iran would possibly another time be one of the Philippines’ largest markets for its sparkling banana exports,” the DOF stated.
Tanhaei referred to Iranian agencies are interested by making an investment in the Philippines, especially in infrastructure, strength transmission and water purification.
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