I

ndia achieved the 10th rank in export of services worldwide and emerged as the 20th biggest merchandise exporter

in 2010, according to a latest World Trade Organization report. In 2009, the country stood at the 12th and 22nd positions, respectively, globally in services and goods exports, respectively. In value terms last year, India exported services and merchandise worth $110 billion and $216 billion respectively, the World Trade Report 2011 said.

US and Iran: In

March 2000, the US lifted import sanctions on

some key Iranian non-oil goods, including carpets, dried fruits and pistachios.