IMIDRO Expects Jump in Iran’s Mineral Exports to Saudi Arabia

Iran’s exports of minerals and mining products to Saudi Arabia is expected to rise significantly, as the two sides have reached a new diplomatic agreement, according to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
New data released by the organization indicate that such exports stood at $29.5 million in the fiscal 2013-14 and increased to $82.8 million in the following year — the highest value of exports to date.
However, until the current fiscal year, there have been no exports except for a meager $100,000 in the fiscal 2017-18 amid tensions in diplomatic ties.