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Importance of Strategic Deals With 3 Neighbors Highlighted

Foreign trade statistics for March 21-July 22 show that three neighbors, namely Iraq, the UAE and Turkey, account for more than 37% of Iran’s foreign trade and about 7% more than Iran’s trade with China as the top trading partner
Importance of Strategic Deals With 3 Neighbors Highlighted
Importance of Strategic Deals With 3 Neighbors Highlighted

Authorities in charge of foreign trade have recently spoken of $100-billion worth of export capacity, while seeking to export $35 billion worth of goods to these countries in the next four years. 
This was stated by Ali Chaqarvand, director of Plan Management, Planning and Monitoring Department of Iran Chamber of Commerce, Industries, Mines and Agriculture, in his write-up published by Tasnim News Agency. 
A translation of the text follows: 
The target markets that officials seek to increase trade with are those of neighboring countries. Iran accounts for only 2.5% of the $1,160-billion market of neighbors, despite having advantages such as cultural affinities, market proximity and ease of transportation. 
Iran’s trade balance with many neighboring countries remains negative.

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