IFP Exclusive

Iran’s trade with SCO surges by 31%

The spokesman for Iran’s Customs Organization says the country's trade with members of the Shanghai Cooperation Organization in the first five months of the current Iranian year of 1401 was valued at 17 billion dollars.

Rouhollah Latifi said the figure shows a 31 percent increase compared to last year.
As for exports to members of the SCO, Latifi said China ranks first with 6 billion and 722 million dollars worth of goods and India is second with 729 million dollars worth of goods.

Afghanistan, Pakistan and Russia respectively rank third, fourth and in terms of exports from Iran.

Regarding imports into Iran, China again ranks first and India second.

This comes as Iran is going to join the SCO as permanent member. The Islamic Republic already holds an observer status in the organization.

India, Pakistan, China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan are member states of the Shanhai Cooperation Organization.

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

‘Coalition of the willing’ for Ukraine stalls over lack of US support: Bloomberg

The endeavours of the British- and French-led "coalition of the willing" to provide security guarantees…

15 hours ago

China dismisses role in war against Ukraine, calls on Kyiv to temper rhetoric

Chinese Foreign Ministry spokesperson Lin Jian has once again denied Beijing's involvement in Russia's all-out…

15 hours ago

Israel denies nearly 70% of UN aid access attempts into Gaza: UN

The United Nations has reported that Israeli authorities have denied at least 68% of its…

15 hours ago

Top Iranian MP: Negotiating team in Oman will act based on natl. interests

As indirect talks between Iran and the U.S. are scheduled to take place in Oman…

15 hours ago

AEOI Chief: Nuclear power can resolve Iran’s energy imbalances

Mohammad Eslami, head of the Atomic Energy Organization of Iran (AEOI), said that nuclear power…

15 hours ago

Russia and US conduct another prisoner swap

Moscow and Washington have conducted another prisoner swap in Abu Dhabi, the Wall Street Journal…

15 hours ago