Iran, Tajikistan Aim to Boost Annual Trade to €500 Million

The head of the international affairs department of Iran’s Ministry of Energy, Mojtaba Akbari, announced that Iran and Tajikistan have set a target to increase their annual trade to €500 million.

Iran (IMNA) - Under the administration of President Ebrahim Raeisi, bilateral trade between the two countries has experienced significant growth, with over $91 million worth of non-oil products exported from Iran to Tajikistan in the past two years.

Akbari emphasized that the strengthening of political and economic relations between Iran and Tajikistan is a result of their shared cultural, historical, and linguistic ties. In September 2021, during President Raeisi's first visit to Dushanbe, the two countries signed seven cooperation agreements, further promoting trade and economic development between them.

Iran and Tajikistan Strengthen Cooperation with Multiple Document Signings

During President Raeisi's second visit to Tajikistan in November 2023, the two countries signed a total of 19 cooperation documents. Additionally, following the visit of the Tajik president to Iran in 2021, another 17 cooperation documents were inked, as revealed by an official statement.

The cooperation between Iran and Tajikistan encompasses various sectors including the export of construction materials, food products, detergents, petrochemical products, and agricultural equipment and machinery from Iran to Tajikistan. To further promote this collaboration, a prominent exhibition will be held in Dushanbe, the capital of Tajikistan, on December 26. The event will feature the participation of 36 leading Iranian companies, who will showcase their latest achievements and products.

Looking ahead, the upcoming visit of Iranian Energy Minister Ali Akbar Mehrabian to Tajikistan aims to bolster the annual bilateral trade between the two countries to €500 million. This objective underscores the commitment to strengthening economic ties and fostering mutual growth.

News ID 714359


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