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This article will be expanded with more detailed information shortly.
This article will be expanded with more detailed information shortly.
This article will be expanded with more detailed information shortly. This article will be expanded with more detailed information shortly.
Iran’s non-oil exports to Russia have surged this year, driven by a preferential trade agreement with the Russia-led Eurasian Economic Union and strengthened political ties amid Western sanctions. From March to December, Iran exported about 1.056 million metric tons to Russia, valued at $803 million, marking a 14% increase in export value year-on-year. However, Iran faced a trade deficit of nearly $300 million during this period due to higher imports. Main exports included bell peppers, which rose by 175%, while raw gold comprised Russia’s major export to Iran. Future free trade agreements may further enhance this growing economic partnership.
During the Tehran Dialogue Forum 2025, President Pezeshkian and Secretary-General Zhang Ming discussed the future of the Shanghai Cooperation Organization (SCO). Pezeshkian advocated for transforming the SCO from a ceremonial body into a more operational institution to achieve its objectives, particularly during China’s presidency. He emphasized the importance of expanding membership to counter US unilateralism. Zhang supported Iran’s membership, highlighting its positive contributions. Both leaders stressed the need for operational programs to enhance efficiency and modernize the SCO’s structures. Their discussions reflect a commitment to regional cooperation, aiming to strengthen the organization’s role in addressing global challenges.
Severe weather in Iran has resulted in nine fatalities and 86 injuries due to strong winds and lightning strikes from April 27 to May 5. Emergency services emphasized the need for safety precautions, urging the public to stay indoors during storms, avoid tall objects, monitor weather updates, and prepare emergency kits. The casualties included four deaths from strong winds and five from lightning. Community preparedness is crucial, with local authorities encouraged to promote awareness through workshops and outreach. The recent tragedies highlight the importance of vigilance and proactive measures to enhance safety during extreme weather events.
At a conference on “Basij, Development, and Sustainable Security in Southeastern Iran,” Major General Yahya Rahim Safavi highlighted Iran’s strategic geopolitical role amid the “corridors war,” a modern competition centered on transportation routes. He emphasized that nations with strong geography and public security will emerge as key players in this rivalry. Iran’s unique position, linking East to West and North to South, positions it as a vital transit hub with extensive railway connections to Turkey, Azerbaijan, Central Asia, and the Persian Gulf. Safavi noted that Iran’s geographical advantages could redefine its international relationships and influence global trade and security dynamics.
Mohammad Sadegh Ghannadzadeh, Deputy Chief of Iran’s Trade Promotion Organization (TPOI), emphasized the importance of non-oil trade for the country’s economic strategy. From March 21 to October 22, 2025, non-oil exports reached $32 billion, while imports totaled around $34.5 billion, indicating a strong domestic demand. Ghannadzadeh expressed optimism about increasing exports before the Iranian calendar year ends on March 20, 2026, and highlighted efforts to strengthen trade ties through agreements with regional partners, including Oman, Kuwait, Qatar, and the UAE. Key export markets include China, Iraq, and Afghanistan, reflecting Iran’s strategy to diversify its economy and reduce oil dependency.