77488
Iranian-Saudi Trade Via Intermediaries
Economy, Domestic Economy

Iranian-Saudi Trade Via Intermediaries

Trade between Iran and Saudi Arabia is minimal, as commercial exchanges are carried out by intermediary countries, the deputy minister of industries, mining and trade and the head of Trade Promotion Organization of Iran said.

“We don’t consider any limitations on doing business with neighboring countries. However, our neighbors impose restrictions at times,” Mojtaba Khostotaj was also quoted as saying by ISNA.  Close to $151.32 million worth of goods were exported to Saudi Arabia from Iran during the last Iranian year (March 2016-17), registering a 0.21% increase compared with the year before.

The value of imports during the same period stood at more than $79 million, indicating a 4% rise.

Short URL : https://goo.gl/nWPSj6
  1. https://goo.gl/u2iZZW
  • https://goo.gl/bCpzYi
  • https://goo.gl/SWCd2u
  • https://goo.gl/FMMVRL
  • https://goo.gl/3ACfgR

You can also read ...

Italian investment companies remain active in Iran, despite...
Iranian Insurance Firms' Premium Income Exceeds $1.2b in H1 (Mar-Sep 2018)
Iran insurance industry earned 183 trillion rials ($1.28...
Iran, India Leading Global Ammonia Capacity Growth
Iran and India will continue to lead the global ammonia market...
Iran Auto Industry Hither and Thither
Over the past few days, Iran’s beleaguered auto industry has...
Iran-Russia Non-Oil Trade Sees Over 80 Percent Hike (September 2018)
Iran traded 956,662 tons of non-oil commodities worth close to...
US Sanctions Against Iran Ridicule Int'l Norms
Foreign Ministry Spokesman Bahram Qasemi on Wednesday...
First-Timers Constitute 20% of Tehran Homebuyers
First-time homebuyers have accounted for a 20% share of total...
Iran Slips 1 Spot in WEF's Global Competitiveness Index
The World Economic Forum’s “Global Competitiveness Report 2018...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus