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90% of Iran Borders Open for Trade

Although the coronavirus outbreak and heavy economic sanctions have impacted Iran’s trade, the country’s exports to Afghanistan, Iraq and China, which are among Iran’s main trading partners, are normalizing
90% of Iran Borders Open for Trade
90% of Iran Borders Open for Trade

Despite the imposition of intensified trade restrictions to stem the rapid spread of Covid-19, some 90% of Iranian border crossings are currently open, a deputy head of Trade Promotion Organization of Iran said.
“Our exports are expected to reach $36 billion by the end of the current Iranian year [on March 20] to register a 10% decline compared with last year,” Mojtaba Mousavian was also quoted as saying by IRNA.
The official noted that although the novel coronavirus outbreak and heavy economic sanctions have impacted Iran’s trade, the country’s exports to Afghanistan, Iraq and China, which are among Iran’s main trading partners, are normalizing.
According to Mehdi Mirashrafi, the head of Islamic Republic of Iran Customs Administration, Iran’s non-oil foreign trade stood at 110 million tons worth $52 billion during the nine months ending Dec. 20. 

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