Iran’s trade with Eurasian Economic Union (EAEU) states has been valued at $1.9b in 11 months.
Iran’s trade with EU countries has declined to its lowest level possible due to the sanctions and the outbreak of COVID-19 in 2019 and 2020.
Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari said on Tue. that imports of products dropped seven percent in the country in the first five months of the current year (March 21 – August 21) as compared to the same period last year.
Secretary General of Iran-Iraq Joint Chamber of Commerce Seyyed Hamid Hosseini lashed out at significant export slump to neighboring Iraq and said that four internal and external factors contributed to the considerable reduction of Iran’s export of products to Iraq.
According to the Global Indicators of Entrepreneurship, Iran’s entrepreneurship rank climbed 13 steps in 2018.
Secretary General of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini said Tue. that Iran will earn $5 billion revenues for its gas and electricity sales to neighboring Iraq this year.
Lord Norman Lamont, chairman of British-Iranian Chamber of Commerce announced that the body is resolved to continue its activities to boost bilateral trade cooperation with Iran.
The caretaker of the Trade Promotion Organization of Iran (TPO) Mohammadreza Modoudi announced that the first meeting of advisory council of the heads of Iran joint commerce chambers with neighbor countries will be held on Monday.