Trade

Tehran, Ashgabat set $3 billion trade goal by 2028: minister

TEHRAN, May 20 (MNA) – Iran’s Minister of Roads and Urban Development Farzaneh Sadegh has proposed the development of a three-year roadmap aimed at increasing trade between Tehran and Ashgabat to $3 billion by 2028.

Iran exports to Uzbekistan stands at over $410 million: amb.

TEHRAN, May 19 (MNA) – The ambassador of the Islamic Republic of Iran to Uzbekistan put the worth of products exported from the country to the Republic of Uzbekistan at more than $410 million.

Iran, Pakistan discuss trade expansion, launching flights

TEHRAN, May 14 (MNA) – Iran and Pakistan are exploring ways to boost trade and economic cooperation, including launching direct flights to ease travel and commercial exchange.

In major trade breakthrough;

US and China agree to drastically roll back tariffs

TEHRAN, May 12 (MNA) – The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets.

US imposes sanctions on Iran oil traders amid nuclear talks

TEHRAN, Apr. 30 (MNA) – The US State Department announced sanctions against seven entities engaged in trading Iranian petroleum products Wednesday, a few days before the fourth round of talks between the two talks in the Italian capital.

Iran's trade minister:

Iran volume of trade transactions with other countries up 11%

TEHRAN, Apr. 28 (MNA)— Iran’s Minister of Industry, Mine and Trade Mohammad Atabak has said that the country’s volume of trade exchanges with the world's countries has reached $130 billion in 2024, showing an 11 percent growth.

Iran one of major strategic regional partners for Tajikistan

TEHRAN, Apr. 19 (MNA) – Tajikistan’s Energy Minister Daler Juma describes Iran a key strategic partner and calls for strengthening cooperation in various fields.

FAO , Iran take another step towards pistachio safety, trade

TEHRAN, Apr. 14 (MNA) – The Food and Agriculture Organization of the United Nations (FAO) and Ministry of Agriculture Jahad have launched a specialized workshop on “Pistachio Safety and Trade.

Iran ready to increase economic ties with Uzbekistan to $5bn

TEHRAN, Apr. 03 (MNA) – Iran is ready to enhance its trade exchanges with the Republic of Uzbekistan up to $5 billion.

Russia using Crypto in Chinese , Indian Oil Trade: Source

TEHRAN, Mar. 15 (MNA) – Russia is using cryptocurrencies in its oil trade with China and India to dodge Western sanctions, Reuters reported Friday, citing four sources with direct knowledge of the matter.

Iran, Turkey discuss pathways to $30 billion trade goal

TEHRAN, Mar. 12 (MNA) – Officials from Iran and Turkey explore mechanisms to achieve the target of $30 billion in trade.

Russian envoy to Tehran:

Iran, EAEU to start implementation of FTA in near future

TEHRAN, Mar. 06 (MNA) – The free trade agreement between the EAEU and Iran will bed implemented in the very near future, Russian Ambassador says.

Pezeshkian urges Iran envoys to help remove trade barriers

TEHRAN, Mar. 05 (MNA) – President Masoud Pezeshkian says Iranian ambassadors can play a key role in helping the country improve its foreign relations and overcome trade barriers.

Iran, Pakistan aims to boost trades beyond $10 Billion

TEHRAN, Mar. 01 (MNA) – Iranian Ambassador to Pakistan, Reza Amiri-Moqaddam outlined a united vision for boosting trade between Iran and Pakistan beyond traditional currency exchanges by focusing on shared borders and innovative barter systems.

Iran, Uzbekistan ink MoU to further boost ties

TEHRAN, Feb. 28 (MNA) – The Islamic Republic and Uzbekistan have signed a Memorandum of Understanding (MoU) in a bid to further expand mutual relations.

Iran targets $10b in annual trade with EAEU: Minster

TEHRAN, Feb. 21 (MNA) – Iran intends to increase its trade volume with the EAEU from $3.6bn to $10.

Iran reports $9bn trade deficit in 10-month period: IRICA

TEHRAN, Feb. 04 (MNA) – The Islamic Republic of Iran Customs Administration (IRICA) has reported a trade deficit of $9 billion for the 10 months of the current Iranian calendar year (started March 21, 2024).

Iran’s foreign trade hits $104 billion in 10 months

TEHRAN, Feb. 03 (MNA) – Iran’s total foreign trade increased to $103.846 billion in the first 10 months of the current Iranian calendar year (March 21, 2024 to January 20, 2025).

Iran, Kazakhstan stress bolstered economic, trade relations

TEHRAN, Feb. 02 (MNA) – Iranian Foreign Minister Abbas Araghchi met with Deputy Foreign Minister of Kazakhstan Alibek Bakayev on Sunday during which they stressed the need for expansion of bilateral ties, especially in the economic field.

Veep:

Enhancing Iran-Kazakhstan trade, economic exchanges essential

TEHRAN, Jan. 30 (MNA) – Iran’s First Vice President Mohammadreza Aref has said that developing trade and economic relations between Iran and Republic of Kazakhstan is essential.

Envoy:

Iran, Turkey trade exchanges hit over $14 billion in one year

TEHRAN, Jan. 26 (MNA) – Iranian Ambassador to Turkey Mohammad Hossein Habibollahzadeh says that the trade exchanges between Iran and Turkey in the current Iranian calendar year (started March 21, 2024) exceeded $14 billion.

Tehran, Baku trade up 20% in one year: official

TEHRAN, Jan. 21 (MNA) – An official at the Ministry of Roads and Urban Development says the trade exchanges between Iran and the Republic of Azerbaijan in 2024 registered a 20 percent growth compared to the last year’s corresponding period.

Iran-Afghanistan trade grew 84% in 2024: Official

TEHRAN, Jan. 19 (MNA) – The volume of trade and commercial exchanges between the two countries in 2024 grew by nearly 84% compared with a year earlier, Iran’s commercial attaché in Afghanistan said.

Canada poised for ‘biggest trade war’ with US under Trump

TEHRAN, Jan. 18 (MNA) – Canadian Foreign Minister Melanie Joly says her country is ready to confront US President-elect Donald Trump in the “biggest trade war” in decades.

Iran inaugurates trade center in Minsk, Belarus

TEHRAN, Jan. 17 (MNA) – Iran's Minister of Industry, Mine and Trade Mohammad Atabak and Head of Trade Promotion Organization of Iran (TPOI) Mohammad Ali Dehghani Dehnavi inaugurated Iran's Trade Center in Minsk, Belarus on Friday.

Tehran, Doha trade up 53% in 9-month period: Envoy

TEHRAN, Jan. 08 (MNA) – Commercial Envoy of Islamic Republic to Qatar Abbas Abdolkhani says the trade volume exchange between Iran and Qatar in the first nine months of the current Iranian calendar year (started March 21, 2024) showed a 53% growth.

Iran-China strategic partnership is ironclad: Araghchi

TEHRAN, Dec. 28 (MNA) – The Iran-China strategic partnership is ironclad because it is underpinned by cultural civilizational bonds and rooted in shared values interests, Iranian foreign minister says.

Baloch businessmen call for increasing trade with Iran

TEHRAN, Dec. 23 (MNA) – In protest to the trade barriers created in trade with Iran, the Baloch traders and businesspersons in Pakistan have staged a sit-in at border crossings in the port city of Gwadar.

Iran-Russia trade volume hits $3.3 billion in 9 months

TEHRAN, Dec. 23 (MNA) – Russian Deputy Prime Minister Alexei Overchuk has put Iran and Russia trade volume in the first nine months in Iran calendar at $3.3 billion, registering a 14.7 percent growth compared to the last year’s corresponding period.

Iran-Turkey commission to hold meeting in Tehran Dec. 9

TEHRAN, Nov. 24 (MNA) – An Iranian official with the Foreign Ministry said Sunday that the country and neighboring Turkey will hold a meeting of the joint economic commission on December 9 in the Iranian capital of Tehran.