7,855.06 TL BIST 100 BIST 100
28.92 $ USD USD
€31.16 EUR EUR
38.38 TL Interest Interest
74.67 $ Fossil Oil Fossil Oil
23.80 $ Silver Silver
3.75 $ Copper Copper
132.52 $ Iron Ore Iron Ore
387.00 $ Ship Dismantling Ship Dismantling
1,883.86 TL Gold (gr) Gold (gr)

Iran and Armenia boost trade for Arab and Indian markets

Enhanced trade cooperation between Iran and Armenia sparks optimism for exports to Arab countries and India.

Iran and Armenia boost trade for Arab and Indian markets

Armenia's membership in the European Union and its land border with Iran provide opportunities to create companies and carry out joint projects. Iran and Armenia are actively enhancing their trade ties, aiming to facilitate the transfer of goods from Iran to the Arab World and India. Last year, their trade volume reached $714 million, and the first half of this year has shown a 13% increase, indicating a sustained positive trend.

Both countries are committed to finding solutions and streamlining procedures to make this trade route a reality. Iran also plans to establish 8 free economic zones, with ambitions to expand to 15. To boost bilateral trade, an exhibition showcasing products from Armenian and Iranian companies in agriculture, manufacturing, and tourism sectors was held in Yerevan on August 25. 


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Innovative trends propel nut coke market amidst metallurgical advancements

Thursday, December 7, 2023

In January wire rod prices will be increased by CSC

Thursday, December 7, 2023

Striking increase in Turkey's scrap exports in October: 151 percent!

Thursday, December 7, 2023

KARDEMİR will establish a 27.3 MW solar power plant in Van

Thursday, December 7, 2023

This week in European steel market!

Thursday, December 7, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now