Switzerland’s industrial production and turnover increased notably in the third quarter, the federal statistical office reported Friday, RTTNews reported.
Industrial production grew 8.6% year-on-year in the third quarter and turnover advanced 7.5% from the previous year. Industrial output surged 13% after rising 6.5% in August. At the same time, industrial turnover moved up 10.8% in September and 5.8% in August. “In comparison with the previous year, industrial production grew in July by 7.3%, in August by 6.5%, and in September by 13.0%. For the whole of 3rd quarter 2017 production increased by 8.6% in comparison with the same quarter a year earlier.”
The head of Iran-Switzerland Joint Chamber of Commerce announced that a payments channel has been developed and prepared to be inaugurated in a bid to boost bilateral trade between the two countries.
Switzerland is close to launching an initiative to let companies sell food, medicine and medical devices to Iran using a payments channel.
TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday the deal between OPEC and non-OPEC nations for cutting output could be further extended beyond June.
Major mining and financial companies in the world announced their readiness for investment in Iran’s mines and mining industries sector in the third Europe - Iran Forum in Zurich, Switzerland.
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