Iran and Iraq agree on new measures that could lead to a major rise in bilateral trade.

Iran’s foreign trade reached $15.5 billion in the two calendar months to late April.

Haitham bin Tariq Al Said, the Sultan of Oman, touched down in Tehran on Sunday afternoon as the two Persian Gulf countries eye closer bilateral ties and regional integration

President Ebrahim Raeisi’s visit to Indonesia marks a “turning point” in Tehran-Jakarta relations, especially with an agreement between the two sides to ditch the dollar in bilateral trade, says an analyst.

Trade of goods and services between Iran and China topped $5 billion in the four months to April.

This episode is about changing global power equations and also the prospect of Iran-Indian trade in local currency.

Iran and Pakistan will inaugurate joint markets to further boost economic ties.

The Iranian Administration's spokesman says the pending completion of a vital cross-country rail link is going to contribute considerably to national and international trade.

A reconciliation agreement reached between Iran and Saudi Arabia in March to resume diplomatic relations is opening a new vista of opportunity to revive and expand trade and investment.

Trading halts amid continued investors' jitters in the United States.