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Trade With Saudi Arabia Building Up Under Raeisi Government

Trade With Saudi Arabia Building Up Under Raeisi Government
Trade With Saudi Arabia Building Up Under Raeisi Government

After a hiatus of two years in bilateral trade, Iran has exported $41,140 worth of commodities to its southern neighbor Saudi Arabia since Ebrahim Raeisi’s presidential term began in August, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
“Of the total exports, $39,100 belonged to a type of glass used in traffic signs,” Rouhollah Latifi was also quoted as saying by ILNA, adding that the neighboring country also bought some 4 kilograms of saffron worth $2,000 from Sept. 23 to Oct. 22.
This, Latifi added, marks a new beginning in economic, political and cultural relations between Iran and Saudi Arabia.  

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