January 7, 2023
1 min read

Iran’s exports to Saudi Arabia see rise in 2022 amid detente

During the same period in 2021, the trade volume only stood at $42,000…reports Asian Lite News

Iran’s exports to Saudi Arabia have increased dramatically in 2022 amid the two countries’ efforts to ease tensions, Iran’s IRIB news agency reported.

Iran’s customs administration on Saturday said during the period from the Iranian New Year that fell on March 21 to November 1, 2022, the value of Iranian exports to Saudi Arabia reached $14.71 million, which is a record high since Riyadh cut diplomatic ties with Tehran in 2016.

During the same period in 2021, the trade volume only stood at $42,000, Xinhua news agency reported.

According to the IRIB report, the main exports include steel ingots, grapes and sodium hydroxide, among others.

Rounds of talk between the two sides took place in 2022 to improve bilateral relations and ease regional tension.

ALSO READ: UK govt to declare Iran’s Revolutionary Guard as terror group

Previous Story

Presidents of Guyana, Suriname arrive in India for 17th PBD

Next Story

Gen Bajwa involved in ousting Imran: Former Pak minister

Latest from -Top News

New Zealand PM Due in India

During his visit, Luxon will hold talks with Prime Minister Narendra Modi on March 17, covering various aspects of India-New Zealand relations…reports Asian Lite News New Zealand Prime Minister Christopher Luxon will

India Reaffirms Support for Mauritius on Chagos

Foreign Secretary Vikram Misri said there is already a lot that India has accomplished with Mauritius in terms of contributing to its maritime safety and security-related issues…reports Asian Lite News India has

Indian Diaspora Awaits Modi in Mauritius

In the village of La Laura-Malenga in Moka District, residents are preparing special celebrations for the Prime Minister’s visit, which coincides with Holi…reports Asian Lite News Indian diaspora members in Mauritius are

South Africa to host Zelenskyy in April

South Africa has adopted a neutral position in the war and has attempted to act as a mediator between the sides, although with limited success Ukrainian President Volodymyr Zelenskyy will visit South
Go toTop

Don't Miss

MoS Muraleedharan to visit Bahrain starting Monday

This will be his first visit to the country in

43 people dead, 46 villages burned, looted in Darfur

Sudan’s Darfur region has witnessed a civil war since 2003