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This article will be expanded soon. This article will be expanded soon. 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 and Uzbekistan Experience Surge in Trade: 58% Growth Projected for 2025, Says Minister
Iran’s Minister of Industry, Seyyed Mohammad Atabak, is in Tashkent to strengthen economic ties with Uzbekistan through discussions with senior officials, including the Prime Minister. The focus is on negotiating new tariff agreements and removing customs barriers to enhance trade, which has already seen a 58% increase this year. Atabak emphasized the need to resolve transport and customs issues to fully realize trade potential and expedite the signing of a Preferential Trade Agreement. His delegation includes key Iranian officials, reflecting a commitment to fostering long-term cooperation that could reshape the economic landscape of Central Asia.
ECO Members Unite: Boosting Regional Cooperation for a Stronger Future
The 4th Meeting of the Interior Ministers of the Economic Cooperation Organization (ECO) emphasized leveraging modern technologies to improve security and law enforcement. Held in Iran, discussions focused on data exchange among member states to combat organized crime, including AI-driven offenses. Asad Majeed Khan highlighted the need for regional cooperation and collaboration with the UN to tackle emerging threats. The meeting, attended by Iranian President Masoud Pezeshkian, aimed to foster solidarity and sustainable development. Key outcomes anticipated include enhanced data sharing, joint training initiatives, and a structured framework for ongoing collaboration, paving the way for a safer, more secure region.
Iran’s Exports to EAEU Soar by 22% in Just 10 Months: A Trade Triumph!
Iran’s non-oil exports to the Eurasian Economic Union (EAEU) have surged by 22% from March 21, 2024, to January 20, 2025, reaching $1.631 billion, up from $1.338 billion the previous year. Key markets include Russia, receiving $889 million, and Armenia. This growth is attributed to improved trade relations, logistics, and product competitiveness. Despite a 2% decline in imports from EAEU countries, indicating a potential shift towards local goods, the Iranian government aims to diversify export portfolios, enhancing economic resilience and regional influence. The positive export trend highlights Iran’s commitment to strengthening ties with EAEU member states.
Iran Joins SCO: Strengthening Multilateral Partnerships Across Key Sectors
In an interview, H.E. Mr. Turdakun Sydykov, Kyrgyz Ambassador to Iran, highlighted the positive and cooperative relationship between Kyrgyzstan and Iran since they established diplomatic ties in 1992. He noted the absence of disputes, emphasizing Iran’s early recognition of Kyrgyzstan’s independence. Key areas for enhancing bilateral relations include political cooperation, trade initiatives, cultural exchange, and improved transportation networks. The recent meeting of leaders indicated potential for economic collaboration, while ongoing support for Iran’s observer status in regional organizations like the EAEU and SCO aims to facilitate greater cooperation. Cultural initiatives are also underway to enhance mutual understanding.
Russians Now Enjoy Seamless Payments in Iran with Mir Cards: Official Announcement
Iran and Russia are enhancing their financial ties through the integration of Iran’s Shetab payment system with Russia’s Mir. Announced by Nooshafarin Momei in Tehran, the project enables holders of Russian Mir cards to make payments at Iranian NFC-enabled terminals and through the Mir Pay app on Android devices. The final phase, expected in December 2025, will allow Iranian citizens to use Russian payment terminals via a mobile app. This collaboration aims to strengthen bilateral trade and mitigate the effects of US sanctions, benefiting both economies and enhancing the financial experience for citizens and tourists.