Trade between Iran and Azerbaijan through the Bileh-Savar border crossing has risen eight percent during the first eight months of the current Iranian year (March 20-November 20), said the head of Iran-Azerbaijan Joint Chamber of Commerce.
The Iran Mercantile Exchange (IME) announced on Saturday that 504,759 tons of commodities, valued at about $190 million, were traded in its domestic trading and export halls in the week ending November 26.
Iran expects foreign companies to return to the country if US sanctions are lifted under President-elect Joe Biden and some firms have made initial contacts already, government spokesman Ali Rabiei said on Tuesday.
The value of Iran’s non-oil trade during the first eight months of the current Iranian year (March 20-November 20) reached $44.6 billion, announced the head of the Islamic Republic of Iran Customs Administration (IRICA).
Iran’s trade with the European Union decreased by 11 percent in the first nine months of 2020 compared to the same period last year, amounting to €3.34 billion, while Iran’s exports to EU member states rose 13 percent.
Group of 20 major economies should work to provide trillions of dollars in trade financing for developing countries to ensure the recovery of the global economy from the COVID-19 pandemic, a top official with the World Trade Organization said on Saturday.
Iran Mercantile Exchange (IME) announced on Saturday that 1.91 million tons of commodities, valued at over $771 million, were traded in its domestic trading and export halls during the month to November 20.
The Europe-Iran Business Forum on investment opportunities in Iran, aimed at attracting European investors, will be held next month, announced the adviser for international affairs of Iran’s Trade Promotion Organization (TPO).
Iranian Ambassador to Serbia Hassan Rashidpour and Serbian Minister of Trade, Tourism and Telecommunications Tatjana Matic in a meeting in Belgrade stressed the need for the expansion of mutual cooperation in all areas.