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To stabilize the domestic market, Iran’s Ministry of Agriculture Jihad (MAJ) has requested a two-month suspension of exports for apples, oranges, and dates, starting February 24. This decision aims to ensure a steady supply as demand surges during Ramadan, beginning March 2, and Iran’s New Year celebrations in late March. The MAJ had previously imposed a similar ban on potatoes, lentils, and beans due to rising local prices. As Iran navigates the balance between domestic needs and international trade, these measures highlight the ongoing challenges in maintaining food security and market stability during high-demand periods.
During a diplomatic meeting in Islamabad, Iranian Parliament Speaker Mohammad Bagher Ghalibaf urged for enhanced economic ties between Iran and Pakistan, aiming for $10 billion in trade. He stressed the need for improvements in banking, bartering, and free trade, while highlighting the significance of cooperation in economic, political, and security matters. Ghalibaf expressed gratitude for Pakistan’s support during recent conflicts and addressed ongoing concerns about Iran’s nuclear program. Prime Minister Shehbaz Sharif affirmed Pakistan’s backing of Iran’s peaceful nuclear rights, indicating a shared commitment to mutual support and collaboration, which may strengthen their bilateral relationship amid regional challenges.
Turkey is strengthening its energy sector by enhancing natural gas supplies, particularly through a partnership with Turkmenistan. This collaboration diversifies energy sources and ensures a stable supply crucial for domestic demand. Bayraktar emphasized the significance of a barter agreement with Turkmenistan, which allows for competitively priced gas. This year, enough gas is expected to supply 1.5 million households. Turkey also plans to transport more Turkmen gas to Europe via a pipeline across the Caspian Sea. Additionally, Turkey will begin gas deliveries to Azerbaijan’s Nakhichevan region, further solidifying its gas export capabilities and regional energy security.
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Two airlines are set to resume operations on March 1 and March 2, signaling a positive trend in air travel. A spokesperson reported a 4.8% increase in passenger flights, with 47,476 flights conducted from January to mid-February this year. Cargo flights have surged over 69%, reflecting strong demand in freight transportation. Airlines are implementing enhanced safety protocols, flexible booking policies, and improved customer service to boost traveler confidence. This resurgence is expected to benefit tourism, trade, and local economies, while also creating job opportunities in the aviation sector, paving the way for future growth in air travel.
Iran Air is facing severe challenges due to flight bans imposed by the EU and UK, which have drastically reduced its revenues and disrupted essential drug imports for Iran’s healthcare system. CEO Hossain Khanlari has called for international legal action to restore flight services, emphasizing the airline’s role in transporting vital pharmaceuticals from Europe. The sanctions have exacerbated a healthcare crisis in Iran, marked by medicine shortages, rising costs, and a burgeoning black market. While Iran Air is expanding regional flights to mitigate losses, it remains determined to resume European routes to support both citizens and the healthcare sector amid ongoing sanctions.