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News number: 8805071126

14:55 | 2009-07-29


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Official Downplays Economic Crisis Effects on Iran's Navigation

TEHRAN (FNA)- An Iranian top official on Wednesday called effects of the global economic crisis on the country's navigation activities "insignificant".

Managing Director of Iran's Ports and Shipping Organization Ali Taheri announced that during the first quarter of the Iranian year (ends March 20) the level of loading and unloading goods in Iran has increased by 15 percent compared with the same period last (Iranian) year.

Taheri who is also deputy Minister of Road and Transportation said the growth in Iran's operations came as the level of loading and unloading goods in the world has decreased by 10 percent in 2008.

Explaining the reason, the Iranian official described non-reliance of Iran's economy on that of the world as the main cause of the growth.

Taheri stated that the private sector has invested 10,000 billion Rials (more than 1billion US Dollars) in the country's ports, saying that 50 percent of the investments are in the operational phase.

The remarks by Taheri were announced on the sidelines of a meeting on joint maneuvers of marine research, rescue, and campaign against oil pollution in the Caspian Sea, in which representatives from Russia and Azerbaijan Republic were also present.

The maneuver, held on July 28-29 in the northern Iranian port city of Bandar-e-Anzali, was aimed at enhancing the safety of transportation in the Caspian Sea.

The exercise dubbed as "Regional Interaction, Key to Safe and Clean Caspian Sea" was held within the framework of international conventions such as those on the prevention of sea pollution.