IFP Exclusive

Iran sets $200bn target for trade with neighbors

Iranian parliament speaker says the Islamic Republic has the capacity to increase its trade exchange with its neighboring countries to 216 billion dollars a year and sounded upbeat to hit the target despite sanctions.

Mohammad Bagher Qalibaf, who is visiting Uzbekistan at the head of a delegation, made the remarks in a meeting with Iranian businesspeople in Uzbekistan on Wednesday on the second day of his trip.

Qalibaf stressed that Iran seeks to further expand its economic relations with its neighbors in the 7th Development Plan, a goal emphasized by the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei.

He praised the private sector as the vanguard of economy and said the government has adopted policies to facilitate trade in the sector.

The Iranian parliament speaker also said Iran and Uzbekistan have to design a logistic hub to facilitate trade between the private sectors of both countries.

Meanwhile, deploring that the US-speared sanctions have acted as hurdles and hampered some companies’ activities, Qalibaf said there are some strategies to bypass the punitive measures.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Iranian FM stresses powerful presence of Resistance Front in West Asia

Iran's Foreign Minister, Seyed Abbas Araqchi, stressed the powerful presence of the Resistance Front in…

4 hours ago

Trump’s Ukraine aide postpones visit to Kyiv until after inauguration: Reuters

The Donald Trump administration's Ukraine peace envoy, Keith Kellogg, has postponed a visit to Kyiv…

5 hours ago

Ukrainian military says fends off almost 100 Russian attacks in a day in Kursk Oblast

Ukrainian soldiers repelled 94 Russian ground attacks in Russia's Kursk Oblast over the past day,…

5 hours ago

US transfers several prisoners from Guantánamo Bay to Oman

The United States has transferred 11 detainees out of Guantánamo Bay to Oman, the latest…

5 hours ago

Lalejin: The enchanting ceramics capital of Iran

In the heart of Hamadan Province, in western Iran, lies the ancient city of Lalejin,…

6 hours ago

Iran’s export confederation chief emphasizes need for FATF compliance

The head of Iran's Export Confederation, has stressed the critical importance of Iran joining the…

6 hours ago