Iran’s business transaction with 15 neighboring countries in the last nine months has increased year-on-year (YOY) 18 percent in weight and 42 percent in value, Head of the Islamic Republic of Iran Customs Administration (IRICA) said on Thursday.

Iranian Transport and Urban Development Minister Rostam Qasemi has traveled to Syria to discuss expansion of economic cooperation and trade ties between the two countries, the portal of the Transport and Urban Development Ministry reported.

A member of board of directors of Iran-Russia Joint Chamber of Commerce says it is possible for Iran and Russia to use their local banks and currently the banking relation between Iran and Russia is underway, adding that there are different routes for transfer of money but due to the sanctions he cannot go through its details, reiterating that  but the money transfer is underway and the idea of using local banks is under study and soon both sides will reach agreements either with the JCPOA or without JCPOA.

Head of Iran’s Trade Promotion Organization (TPO) says Iran has opened five trade centers abroad to boost its foreign trade, adding that the country intends to increase its commercial attaches to 30.

The trade volume exchanged between Islamic Republic of Iran and Republic of Turkmenistan in 2021 registered a 84 percent growth.

Head of Iran’s Trade Promotion Organization (TPO) has announced the finalization of a mechanism for using cryptocurrencies in foreign trade, Mehr News Agency reported.

Iran’s former ambassador to China says Beijing’s decision to open its consulate in Bandar Abbas has nothing to do with any certain trade between the two countries and it is aimed at giving consular services to Chinese nationals in Iran who are mostly living in southeastern Iran.

Head of the Georgia-Iran Chamber of Commerce and Industry Seyedeh Fatemeh Moghimi in a webinar said that the trade volume between Iran and Georgia has declined by 15 percent this year and called for exploring ways for expansion of trade with this European country.

In an in-presence and online meeting at Iran Chamber of Commerce, ways of boosting trade between Iran and Thailand were discussed and participants reiterated that Iran and Thailand should sign the preferential trade agreement to enhance bilateral trade.

Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Iran Mr. Dmitry Koltsov met Head of Tabriz Chamber of Commerce Mr. Younis Jaaleh and during the meeting both sides explored ways for boosting bilateral trade.