• Domestic Economy

    Ashgabat Hosts Iran’s Solo Exhibit

    The 14th Solo Exhibition of Iran was held in Ashgabat, Turkmenistan, from Feb. 15 to 17.

    “More than 90 domestic companies showcased their products and services in the fields of agriculture and food, construction, cement, oil and energy, petrochemical products, auto components, techno-engineering services, medicine and medical equipment,” said Rahmatollah Khormali, director general of Central Asia, Caucasus and Russia Department of Trade Promotion Organization of Iran.

    The event was held after a four-year break due to the Covid-19 pandemic.

    Iran’s exports to Turkmenistan increased by 38% during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20) to stand at $370 million, IRNA reported.

    The ban Turkmenistan had imposed on the entry of Iranian trucks from Incheh Boroun Border Terminal following the outbreak of the Covid-19 was lifted in November, a local customs official in Golestan Province announced. 

    “Between 80 and 140 trucks used to cross Incheh Boroun before the pandemic,” Ebrahim Hosseini was also quoted as saying by IRIB News, adding that he expects the truck traffic to soon reach the pre-pandemic level. 

    “Iranian truck drives can now apply for visa to get their goods to Turkmenistan from  Incheh Boroun,” he added.

    According to the official, around 20 Turkmen trucoks enter Iran through Incheh Boroun every day.   

    Incheh Boroun located in the city of Gonbad-e Kavus is the only border terminal in Golestan Province that offers transportation and transit services via both rail and road.

    The first container train on Kazakhstan-Turkmenistan-Iran-Turkey route, carrying sulfur cargo, arrived at Tehran Train Station from Incheh Borun Border Terminal last month before setting off to Turkey and Europe.

    It carried 24 wagons and 48 twenty-foot containers.

    Imports to Golestan via Inche Borun stood at 11,841 tons worth 23.69 million during the first seven months of the current Iranian year (March 21-Oct. 22), registering an 18% growth in terms of weight, but a 25% decline in terms of value, according to the local official.

    Raw soybean oil, denim and cotton fabrics, diesel generators and cotton linter were the main imported products.