Sanctions and Financial Hurdles Impede Serious Steps in Trade
TEHRAN - In a recent statement, Mousa Aqaee, the head of the Iran-Uzbekistan Joint Chamber of Commerce, highlighted the persistent challenges posed by sanctions and banking issues, asserting that as long as these obstacles remain, Iran cannot take significant strides in foreign trade. The remarks were reported by the Iranian state news agency IRNA, citing the Chamber of Commerce, Industries, Mines, and Agriculture of Iran.
Iran targets $10b in annual trade with EAEU: Minster
Iran intends to increase its trade volume with the EAEU from $3.6bn to $10.
Iran-Turkey Trade Surpasses $14 Billion
TEHRAN - The Ambassador of the Islamic Republic of Iran to Turkey emphasized the strong ties between the Iranian Ministry of Roads and Urban Development and Turkey, highlighting the continuation of this cooperation. He announced that trade exchanges between the two countries have exceeded $14 billion this year.
Iran-Pakistan Trade Opportunities Discussed
TEHRAN - The Head of Iran’s Trade Promotion Organization (TPO), alongside senior officials, emphasized strengthening trade ties with Pakistan during a meeting focused on export opportunities in sectors such as oil, gas, petrochemicals, polymers, and plastics.
Iran-Eurasia Trade Sees 20% Growth in Nine Months
TEHRAN - The President of the Iranian Confederation of Exports announced a significant 20% growth in Iran’s trade with Eurasian countries over the past nine months. This development follows Iran's observer membership in the Eurasian Economic Union (EAEU), a step aimed at strengthening economic ties in the region.
Iran-Eurasia Free Trade Agreement Likely to Be Implemented in Early 2025
TEHRAN - In a significant development, Iran's negotiations for a free trade agreement with the Eurasian Economic Union (EAEU) are expected to culminate in its implementation at the beginning of 2025, according to a senior official.
Iran’s trade with EAEU member states hits $5 bln
An official at Trade Promotion Organization of Iran (TPOI) has said that the country’s trade with the Eurasian Economic Union (EAEU) reached $5 billion.
Russia Explores Cryptocurrency for International Trade
Russia's financial authorities are advancing plans to adopt cryptocurrency for international trade, with selected companies and banks participating in a pilot project, according to the Vedomosti business daily.
Iran’s Trade Center Planned in Armenia
An Iran trade center is planned to be launched in the Armenian capital of Yerevan as a gateway to the Eurasian Economic Union (EAEU).
President Lays Out Plan to Stimulate Iran’s Trade in Foreign Visits
Iranian President Masoud Pezeshkian outlined a scheme to trigger an economic boom and boost trade exchanges through talks during his trips to various foreign countries.