Director General of the Arab and African Bureau of the Trade Promotion Organization of Iran (TPO) Mr. Farzad Piltan says the TPO is to launch trade centers in the UAE and Uganda in line with expansion of the trade market.
Chairman of Iran-UAE Joint Chamber of Commerce Farshid Farzanegan says Iran-UAE trade is growing upward, adding that statistics indicate that the trade balance is becoming negative for Iran which provides no appropriate condition for the national economy and it means the rise in sales of raw material and resources.
Head of Iran's Export Confederation Mohammad Lahooti says Turkey has replaced India as one of Iran’s major destinations for its exports, adding that Iran’s exports this year has grown.
The Iranian Armed Forces have denounced recent contradictory reports of maritime incidents and hijacking in the Sea of Oman as a Western “psychological warfare” meant to set the ground for new adventurism.
Speaking at his weekly online press briefing on Monday, Iranian Foreign Ministry spokesman Saeed Khatibzadeh said that “Afghanistan's security is Iran's security.”
Head of Iran Trade Promotion Organization says China, Iraq, the UAE, Turkey and Afghanistan have been the major destinations for Iran’s exports in the first quarter of the year as these five countries accounted for 74 percent of Iran’s total export in this period.
Iran shares borders with fifteen countries, namely the United Arab Emirates (UAE), Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia. Expansion of trade with these neighbors, specially increasing non-oil exports to them, is one of the major plans that the Iranian government is now pursuing.
The value of trade between Iran and the United Arab Emirate (UAE) is expected to reach $20 billion by the end of the current Iranian calendar year 1400 (March 2022), according to the head of the Iran-UAE Joint Chamber of Commerce.
While most Islamic and Arab as well as other states strongly condemned Israeli atrocities against civilians in Gaza and elsewhere in Palestine, Abu Dhabi and Riyadh adopted a low-key approach toward the latest round of Israeli violence against the Palestinian people.
Chairman of Iran-UAE Joint Chamber of Commerce Farshid Farzanegan believes Iran can increase its annual exports to the UAE to $11b through dialogues between the governments and joining the FATF.