Iran turkmenistan trade Seyed Javad Hosseini at Jam Steel Company: In recent years, Iran’s steel and iron industry has been actively seeking opportunities for expansion in various international markets. Ramezan Bahrami Vice Chairman: Mr. Above all, the deep-water port in Chabahar in southern Iran stands as a potential gateway to world trade for the Uzbek economy. Minister of Cooperatives, Labor, and Social Welfare Solat Mortazavi said that grounds have been prepared for increasing trade exchanges between Iran and Turkmenistan. Iran, Turkmenistan agree to expand trade relations Iranian Minister of Roads and Urban Development Rostam Ghassemi says Iran and Turkmenistan have agreed to improve relations in the fields of transport, energy and trade. The event was attended by senior officials including Mahmoud Bazari, director-general of TPO’s Export Araghchi described the relations between the Islamic Republic of Iran and Turkmenistan as growing and progressing positively. He said that Turkmenistan is interested to accelerate broadening ties with Iran and that activating the joint economic cooperation commission between the two countries would certainly help achieve this goal. involvement in Central Asia complicates Iran’s dealings with International Gas Trade in Central Asia: Turkmenistan, Iran, Russia and Afghanistan Martha Brill Olcott Working Paper #28 May 2004 Prepared for the Geopolitics of Natural Gas Study, a joint project of the Program on Energy and Sustainable Development at Stanford The presidents of the Islamic Republic of Iran and the Republic of Turkmenistan have stressed the need to normalize the trade interaction between the two neighbors in conformity with the health regulations, calling for mutual cooperation in the fight against the coronavirus. Bahman Eiri Board Members: Iran gave $1 million in aid to Kyrgyzstan for the development of that country. Iran's Trade With Turkmenistan Tops $150m. Today, a regular meeting of the joint Turkmen-Iranian intergovernmental commission on economic cooperation was held in the capital. 9341**2050**4261 Iran’s Oil Minister Mohsen Paknejad said this week that Iran needs $45 billion in investment to emerge from the energy crisis. TEHRAN, Oct. In this week’s briefing we examine the assorted flavors of “north-south” corridor, trade with neighbors, and much more. Emphasizing the need for joint bilateral and cross-border meetings to further boost trade, he TEHRAN – The trade of food and agricultural products between Iran and Turkmenistan increased by 35 percent in the first two months of the current Iranian calendar year (March 20-May 21), an official with Iran’s Trade Promotion Organization (TPO) said. Nevertheless, it is strategically important as the Kazakhstan-Turkmenistan-Iran railway line enters Iran at this point. b) Kazakhstan–Turkmenistan–Iran Railway Link: Operational since 2014, this 677-km (421 miles) railway connects Uzen in Kazakhstan to Gorgan in Iran, through Turkmenistan. The meeting, held on 17-18 November 2023, in Ashgabat, was co-chaired by Deputy Prime Minister, Foreign Minister The minister said that Iran aims to boost its gas trade with Turkmenistan, including through swap, transit, sales and purchase agreements, adding that this could be beneficial for both countries, He also said that Iran has paid some $1. “We are two neighbors with a long common border and our religious, cultural, historical and other connections bind us together. Iran’s oil minister has announced that the country is on the Trade between Turkmenistan and Iran has increased significantly by 84% over the past year. West Asia. TEHRAN (Tasnim) – The volume of trade exchanges between Iran and Turkmenistan will double in the short term and reach $1 billion, Iran’s minister of roads and urban development said. During the last 50 years, we have seen the least challenges at the borders and, God willing, by strengthening these good relations, the bond between the two Iran Exports to Turkmenistan was US$434. 5 billion, was on the up with potential to grow to $5 billion. According to a May 2009 statement by the Iranian ambassador Turkmenistan, which does not enjoy a sanctions exemption, has instead diverted its Iran transit trade to the South Caucasus. The swap volume is also expected to TEHRAN- Iran exported non-oil commodities valued at $251. Iran Press/ Iran news: Following talks between the heads of the Iranian and Turkmen railways, Seyed Miad Salehi, CEO of the Railway Company of the Islamic Republic of Iran, signed a memorandum of understanding on joint railway cooperation with Azad Atamardovs, the Director-General of Railways Agency of Turkmenistan. An agreement on the exchange of natural gas signed by Iran, Turkmenistan and Azerbaijan in November 2021 provides for Iran to supply 1. Iran TEHRAN – Iran’s Trade Promotion Organization (TPO) has held a seminar on the trade opportunities of Iran and Turkmenistan as the Islamic Republic is going to hold specialized agrifood exhibition in Turkmenistan, the TPO portal reported. Referring to the holding of the 17th Iran-Turkmenistan Joint Economic Committee meeting in Ashgabat and the visit of Geography is an important factor in informing Iran's foreign policy. Among these markets, the trade relationship between Iran and Turkmenistan holds promising potentials. Turkmenistan and Iran are preparing to establish a joint trade zone. Under the agreements, the two countries will boost their partnership in the fields of transportation, scientific and cultural exchanges, environmental protection, trade, and economic ties, the The following section uses the most recent trade data from partners of Iran. The route primarily involves moving freight from India, Iran, Azerbaijan and the Russian Federation via ship, rail and road. “Trade and economic visas are up and running at border checkpoints, and border guards are relentlessly offering services by Since 2002, Iran, Russia and India have worked intermittently on a new transportation system by rail, road and sea—running 4,500 miles through at least six Eurasian countries and benefitting seven others—that could be a game-changer for global trade. 18. According to a report of Iran’s Customs Administration (IRICA), Turkey’s trade with CIS countries through Iran in 2019 was 1. Ashgabat in Mashhad, IRNA – Iran’s Ambassador in Ashgabat said that Iran-Turkmenistan trade in the first half of 2022 exceeded their total trade in 2021. 5 to 2 billion cubic meters (bcm) of Tehran, IRNA – Iranian Minister of Road and Urban Development Rostam Qasemi and Turkmen Vice-President Serdar Berdimuhamedow in a meeting here on Saturday referred to the 84 percent increase of the Iran-Turkmenistan trade volume in the year 2021 and the evermore expansion of bilateral relations. Kazakhstan is a major grain producer supplying both Turkmenistan and Iran. Iran, Turkmenistan Trade to Double Soon: Roads Minister . [2] The objective of the corridor Iran is seeking more trade with its neighbors and other countries in Central Asia. TEHRAN – The foreign ministers of Iran and Turkmenistan engaged in a phone conversation to address the importance of enhancing bilateral cooperation in tackling regional security challenges. According to Chenegi, the National Iranian Gas Company (NIGC)managed to repay its debts, paving the way for the resumption and the potential mobility, increased trade, and revitalized services in 2022. 482 billion in the past ten months. The goal of the joint project is to cut travel costs by up to a third and shipping time by nearly a half. A historical figure that plays an important role in cultural relations of Iran and Turkmenistan is the 18th Turkmen poet Magtymguly Pyragy whose mausoleum is located in northern Iran near the border of Turkmenistan. Iran Exports to Turkmenistan - data, historical chart and statistics - was last updated on January of 2025. Iran mainly imports oil products and textile goods from Turkmenistan. S. The poet has a special status among Iran’s Turkmen Mashad, Jan 14, IRNA – Iranian ambassador to Ashgabat said on Thursday that trade between Iran and Turkmenistan has tripled since Shahrivar (late August) compared to the preceding period. Trade is expected to reach $600 million by the end of 2023. ir/n/168748 Last month, Iran’s Trade Promotion Organization (TPO) held a seminar on the trade opportunities of Iran and Turkmenistan as the Islamic Republic is going to hold specialized agrifood exhibition in Turkmenistan. Key Words. Reliable and TEHRAN (Tasnim) – Turkmenistan is ready to expand trade and economic relations with Iran in all fields, especially in the trade sector, the chairman of the Board of Directors of Iran Representatives from Turkmenistan and Iran convened at the Artyk customs post in Akhal province on 16 January 2024, to discuss enhancing trade and streamlining border procedures. The contractual and legal basis of Turkmenistan-Iran relations is being strengthened. The trains using the railway will be able to cover the more than 6,000 kilometers separating Kazakhstan and Turkey in 12 days. 134 million to Turkmenistan during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade announced. Iran, Azerbaijan, and Turkmenistan have signed a trilateral gas swap deal for up to 2 billion cubic meters per year, Iranian media reported. Tehran, IRNA - Iran’s Border Guard Commander Brigadier Ahmad Ali Goudarzi said on Saturday that the border between the country and Turkmenistan has opened and issuance of trade visas from border stations is underway. Trade relations between Iran and Turkmenistan are significantly growing, Meredov stated, adding that his country is taking effective steps for materializing the strategic objectives between the 7-Point Plan for Iran-Turkmenistan Trade More than a century has passed since oil was discovered in Iran, but Iran’s petroleum industry depended on foreign companies for its basic needs until recently. TEHRAN (Tasnim) – Officials from Iran and Turkmenistan signed two cooperation documents, worth about $1 billion, at the closing ceremony of the 17th Iran-Turkmenistan Joint Economic Cooperation The International North–South Transport Corridor (INSTC) is a 7,200-km (4500 mile) long [1] multi-mode network of ship, rail, and road route for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. [1] Following the 1979 Iranian Revolution, the newly formed Islamic Republic, under the leadership of Ayatollah Khomeini, dramatically reversed the pro-American foreign policy of the last Shah of Iran Mohammad Reza Pahlavi. Related news: Wednesday: Meeting of Afghanistan's neighbors in Tehran. Most Visited in Economy . * Trade values are converted to USD using each month's exchange rate. It is bounded on the west by the Caspian Sea. Nisa, Turkmenistan; Nishapur, Iran; Samarkand, Uzbekistan; Gallery. , Turkey and Ukraine and for imports they were Russian Federation, Turkey, Ukraine, United Arab Emirates and Japan. Turkmenistan imports vegetables, fruits, construction materials, and metal products from Iran. Iran (IMNA) - Expressing contentment over the growth in trade volume between Iran and Turkmenistan, Rezvanifar highlighted that the two nations traded 1. And despite a transit trade agreement with Pakistan , Kyrgyzstan makes greater use of China’s Turkmenistan continues to be a major producer and exporter of natural gas. This route is increasingly important to Russia because of continuing uncertainties in the South Caucasus TEHRAN (Tasnim) – Ranking diplomats from Iran and Turkmenistan talked about the ways to promote cooperation between the two neighbors in various fields. Higher volumes of hydrocarbons, mainly natural gas, exported at higher prices added considerably to growth. 1 . Iran’s trade with Turkmenistan on pace to double this year - Al-Monitor: The Middle Eastʼs leading independent news source since 2012 The trade route would give Iran new points of access at a time when roughly 85% of its international trade share occurs via maritime transportation. https://nourNews. The total capacity is of 8bcm/year and the main purpose for its construction has been to support the northern part of Trade Regulations Geographical Areas & Countries Close Geographical Areas & Countries Open Geographical Areas & Countries. March, 29, 2024 - 10:17 ; Politics news ; Iran-Russia Non-Oil Trade Reaches $1. (photo: president. Iran has the largest volume of trade exchange with Turkmenistan after Russia. In this context, the Iran-Turkmenistan Trade: In 2021, Iran exported $335M to Turkmenistan. Iran provides an opportunity for Central Asian countries to gain easier access to global markets through the Persian Gulf. Iran-Turkmenistan electricity swap to increase to 1,000 MW. . 11. [74] Climate. During the meeting, the two sides emphasized the Azerbaijan President Ilham Aliyev and Iranian President Ebrahim Raisi following the signing of a new gas swap deal. It is a small town with population of about 2000. During discussions between the authors and a confidential source regarding Iran’s search for new access to trade routes (especially overland), the source mentioned Tehran discussing regional The volume of trade between Iran and Turkmenistan is expected to double this year, due in large part to Iran’s growing need for natural gas. The U. He also pointed out to economic relations and trade exchanges between the two countries and expressed his satisfaction with the development of relations over the recent years, announcing Iran's Export from Turkmenistan, Import to Turkmenistan, How to export, How to import, How to transit through Turkmenistan, Which documents do I need to import/export, Where do I have to apply to in order to receive certificates/permits for export/import, How long will it take to get permits/certificates for export/import, How long will it take to process my application, How Merchandise Trade summary statistics data for Turkmenistan (TKM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Iran Press/ Iran news: In a meeting held between Deputy Chairman of the Cabinet of Ministers of Turkmenistan Atdayev Batyr Taganovich and Iranian Minister of Industry, Mine and Trade Reza Fatemi-Amin at the venue of the ministry on Tuesday evening, the two sides underlined the need to bolster trade and economy cooperation. ” The following section uses the most recent trade data from partners of Turkmenistan. The gas trade between Iran and Turkmenistan experienced an abrupt hiatus two years ago, stemming from Iran's significant debt to Ashgabat, which had arisen from long-term bilateral gas agreements. Africa. 08 million tons. Despite past tensions, the security and economic ties between the two regions have strengthened over the At a meeting in Ashgabat between the President of Turkmenistan Serdar Berdimuhamedov, Iranian Energy Minister Abbas Aliabadi, and Chairman of the Central Bank Mohammad Reza Farzin, the possibilities of expanding bilateral cooperation between the two countries in the oil and gas sector, as well as diversifying energy supplies to global markets, Berdimuhamedov, for his part, expressed his gratitude to Iran for its active participation in the joint commission and side exhibitions, saying Turkmenistan is ready to broaden cooperation with Iran and put bilateral The main piece of infrastructure used for energy trade so far has been the Korpeje-Kurt Kui gas pipeline, which transports gas from the northern part of Okarem in western Turkmenistan to the city of Kordkuy in northern Iran. According to Chenegi, the National Iranian Gas Company (NIGC)managed to repay its debts, paving the way for the resumption and the potential “In the fields of economy, trade, water, electricity and gas, there are good capacities and areas in the two countries to expand cooperation beyond the current level. The State Customs Service of Turkmenistan reported on the meeting, aimed at improving cross-border traffic through the Artyk-Lotfabad checkpoints. TEHRAN – The head of Iran’s Trade Promotion Organization (TPO) has announced the beginning of drafting a comprehensive economic cooperation document between the Islamic Republic and Turkmenistan, IRIB reported on Sunday. Current Iran-Turkmenistan trade stands at about US$1 billion having achieved 84% growth in 2021. Gharibabadi described Iran-Turkmenistan relations as friendly and brotherly, emphasizing the importance of further deepening the bilateral ties. The main areas of cooperation between the two countries include fuel, energy, transport, communications, construction In a statement released by Iran’s new president, Masoud Pezeshkian, it was emphasized that Iran places special importance on its relations with neighbouring countries. Related Reading Iran, Turkmenistan to expand trade, energy ties. 07 (MNA) – The trade between Iran and Turkmenistan resumed through Sarakhs border terminal in the northeast of Khorasan Razavi province of Iran, the head of the Sarakhs Border Terminal announced on Monday. [1] [2] The agreement came into force in April 2016. Busy Times in Iran-Central Asia Relations By Francisco Olmos. TEHRAN, June 15 (Xinhua) -- Iran and Turkmenistan signed nine cooperation agreements here in the Iranian capital on Wednesday, vowing to expand ties. The Government of Turkmenistan often appears to use the conflicting interests of these regional powers as a means to Iran and Turkmenistan resumed trade exchanges via railroad through Inche Borun border in Golestan province late on Tuesday after100 days of hiatus due to the COVID-19 restrictions. Turkmenistan’s primary sources of imports are Turkey, Russia, China, and the United Arab Emirates. Kazakhstan, Iran, Turkmenistan, and Russia have signed a Roadmap for the synchronous development of the potential of the eastern route of the North-South transport corridor for 2024-2025, according to the Ministry of Transport of Kazakhstan. Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown. As Tehran has sought to increase its imports, Ashgabat has made efforts to scale up its gas production in order to meet Iranian demand. The Kazakhstan-Turkmenistan-Iran railway, completed in 2014, has been a key development, facilitating trade and transportation. A business forum aimed at boosting trade, which grew to $487 million in 2022, representing a 32% increase from 2021. Turkmenistan, Iran’s northern neighboring state, is one of the five landlocked neighbors in the Central Asia, including Tajikistan, Kyrgyzstan, Kazakhstan and Uzbekistan, which require secure borders and roads to conduct trade exchanges; and Iran is considered the fastest, shortest and safest route to link the five states to international waters. He put the trade volume exchanged between Iran and Turkmenistan in 2017 at $1 billion, the volume of which put Iran as Turkmenistan’s first trade partner. It was attended by leaders and representatives of several state bodies and business groups of the two countries. Turkmenistan trade balance, exports and imports by country and region 2000 In 2000, Turkmenistan major trading partner countries for exports were Russian Federation, Italy, Iran, Islamic Rep. NOURNEWS. It will be located Incheh Borun n the Golistan province of Iran. There is a big potential for cooperation in tourism and health tourism, the Iran Chamber of Commerce president said, adding that Iran can also Executive Summary: Iran and Turkmenistan are rapidly expanding transit routes, enabling Tehran to expand its trade with Russia in support of Moscow’s effort to circumvent Western sanctions and boost its economic links with other Central Asian countries. 0 billion in the near future. Overview. October 03,2018. Arbab-Khales said Cooperation in this sector is particularly essential for Turkmenistan, as the country is landlocked. Farsi Friday,October 11, 2024 Iran-Turkmenistan relations . Akhal-Teke: A Turkmenistan Bulletin Jul 19, 2022 Boosting trade volume between Iran and Turkmenistan requires adopting proper and purposeful planning, Iran’s Ambassador to Turkmenistan Seyed Mohammad Ahmadi said on Wed. However, Iran has not been able to sustain gas import from Turkmenistan over the years, due to Tehran’s lack of payment. Azerbaijan and Iran have agreed to a deal to swap natural gas along with Turkmenistan, solidifying their economic rapprochement shortly after a serious political rupture between the two neighbors. MohammadKhalil maheri, Mr. Merchandise Trade summary statistics for Turkmenistan (TKM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2021 TEHRAN (Tasnim) – Iran’s minister of roads and urban development pointed to the expansion of trade and economic relations between Tehran and Ashgabat and emphasized that economic enterprises The Iran–Turkmenistan border is the national border separating the countries of Iran and Turkmenistan. To increase commerce and promote economic integration between the Nonetheless, Iran has been importing natural gas from its North–Eastern neighbor, Turkmenistan, to ensure sufficiency of gas supplies to its Northern regions. Asia and Oceania. President Raisi stressed the need to speed up the implementation of the important Turkmenistan and Iran discuss further strengthening of partnership. The Iranian president on Sunday received his Turkmen counterpart Turkmenistan's trade with Iran is relatively small and the two countries had disputes about potentially large hydrocarbon deposits in the Caspian Sea. The press office [] TEHRAN- Iran exported non-oil commodities valued at $251. On November 17, 2023, the 17th meeting of the Intergovernmental Turkmen-Iranian Commission on Economic Cooperation began its work in Ashgabat. Development of exports and transit, doubling of Iran, and Afghanistan. In order to increase the volumes of mutual trade, the parties expressed the feasibility of increasing the range of goods and products on the bilateral basis, as well as with the involvement of private companies in this work. The signing took place in Tehran, witnessed by Iranian President Ebrahim Raisi and Gurbanguly Berdimuhamedow, chairman of the People’s Council of Turkmenistan The deal, which was signed after a five-year suspension in Iran-Turkmenistan gas trade, will help to improve sustainable gas flow in northeastern Iran’s gas network and pave the way to turn Iran into an energy hub in the region. Iran Focus Tehran, Iran, Dec. Exports expanded mainly to satisfy demand from the People’s Republic of China (PRC) and, to a lesser extent, from Azerbaijan and Iran. Also on Tuesday, Iranian Energy Minister Ali-Akbar Mehrabian announced TEHRAN- Iranian Transport and Urban Development Minister Mehrdad Bazrpash announced the significant growth of trade exchanges between Iran and Turkmenistan this year and said: “In addition to trade and transit exchanges, the two countries have good cooperation in the field of energy. They also explored strategies for advancing economic and trade relations, as well as ongoing In October 2023, a virtual meeting was held between the transport ministers of Uzbekistan, Kazakhstan, Turkmenistan, Iran, and Turkey which discussed an agreement to establish an international Bilateral relations between Iran and Turkmenistan in various political, economic, and cultural areas are in favorable conditions, and the two countries have growing cooperation in energy, gas, electricity, water, transit, and trade. The Ashgabat Agreement is a multimodal transport agreement between the governments of Kazakhstan, Uzbekistan, Turkmenistan, Iran, India, Pakistan, and Oman for creating an international transport and transit corridor facilitating transportation of goods between Central Asia and the Persian Gulf. Leading the delegations The participants highlighted the role of the east-west corridor’s southern part as an alternative route connecting China to Europe and how they can continue harmonising and simplifying procedures to reduce transport times and costs for goods crossing the Iran-Turkmenistan border while reinforcing trade and transit security. Sharing a long border, Turkmenistan is an important partner of Iran to prevent threats in and from the Central Asian region. 1. Raşit Meredow arrived in Tehran today to attend a meeting of Afghanistan's neighbors. Economy; May 31, 2023 - 15:12. 5 bcm-2 bcm of Turkmen gas to Azerbaijan in The recent Iran-Turkmenistan deal on natural gas export emerges as a pivotal agreement to fortify Tehran's strategy and bolster Ashgabat's exports. Tehran’s energy strategy and bolster Ashgabat’s endeavours towards economic diversification by expanding its trade partners. However, there were objections, largely from the United States, about the nation’s nuclear activity. It integrates into Iran’s 7-Point Plan for Iran-Turkmenistan Trade More than a century has passed since oil was discovered in Iran, but Iran’s petroleum industry depended on foreign companies for its basic needs until recently. 12:14 (UTC+04) Uzbekistan Materials. The presidents of Azerbaijan and Iran met on November 28 in Ashgabat, after which the agreement was signed. Earlier that day, Bazrpash attended the opening ceremony of a specialized exhibition of the achievements of the Iranian companies called “Iran Project” in Turkmenistan’s capital. Iran-Afghanistan trade grew 84% in 2024: Iranian The Iranian president made the remarks in a telephone conversation with Turkmen President Sardar Berdimohamedov. The heat of summer is oppressive. Meanwhile, the Turkmen foreign minister highlighted the recent visits by high-ranking officials from both countries as a symbol of their strong interactions and emphasized the need for further expansion of relations. Talking to Iran Daily, Bahrami stressed that with a focus on boosting trade, the Embassy of Iran in Turkmenistan and the Iranian Minister of Roads and Urban Development Rostam Ghasemi and Turkmen Vice-President Serdar Berdimuhamedow in a meeting on Saturday referred to an 84 percent increase of trade between Iran and Turkmenistan in 2021 and Larijani also praised the Iran-Turkmenistan relations. This article delves deeply into the challenges and The country occupies a critical geographic juncture, sharing long borders with Afghanistan and Iran, and acts as a transportation, humanitarian, and economic link to Afghanistan and the South Asian subcontinent, advancing regional stability. Role U. It is 1,148 km (713 miles) in length and runs from the Caspian Sea to the tripoint with Afghanistan. The agreement was signed on November 28 in the Turkmen Iran has shown an increased interest in Turkmen energy, which it sees as an integral part of its ability to meet northern industrial demand and peak demand, making Iran a natural trade and export partner for Turkmenistan. Iran slashes product imports from Turkmenistan. Its main imports are machinery and equipment, vehicles, metals, and chemical products. Iran could reduce the impact of the crisis through increased gas imports from Turkmenistan. The United States and Turkmenistan have a most-favored-nation trade agreement. The press office [] TEHRAN, Sep. Iran traded 257,483 tons of non-oil commodities worth $153. 23 (MNA) – Referring to reopening of Iran-Turkmenistan border, Commander of Iran's Border Guards Police said that trade and economic visas are active at border terminals and border guards are working incessantly round-the-clock. Trade resumed after reopening the cross He said Turkmenistan can use Chabahar port for transit of goods to northern countries and even Russia. It also has degraded its membership with the Commonwealth of It was emphasized that the traditionally friendly nature of the Turkmen-Iranian relations is gaining new content every year. Iran, Turkmenistan Discuss Closer Cooperation, Regional Affairs . Here merchants could trade for fresh horses or camels at this oasis city. 25 The U. Iran-Turkmenistan Chairman: Mr. An area of 12577 hectares (about 125 [] The annual trade between Iran and Turkmenistan is expected to increase 30 to 50 percent by the end of the current Iranian year (March 20, 2025), said Ra-mezan Bahrami, the head of the Iran-Turkmenistan Chamber of Commerce. The implementation of this document by 2027 will increase the capacity of the corridor to 15 million tons per year, [] Regarding economic cooperation, the People's Council chairman said bilateral trade, which exceeds $2. This article was originally published on Novastan’s German website on 19 January 2021. The agenda of the first day of the session included current issues of bilateral relations in the trade, economic, fuel and energy Iran’s border guard chief says the border between the country and Turkmenistan has reopened. The positive dynamics in the relations between the two countries, which emerged after the meetings and talks of the President of Turkmenistan Gurbanguly Berdimuhamedov with the President of Iran Ebrahim Raisi, allow to intensify trade and economic In 2014 a 930-kilometer rail link, running from Ozen, western Kazakhstan through Turkmenistan to Gorgan in north-western Iran, speeds up cargo transit and cuts 600km off the journey from Beyneu in After approval of the Committee for Monitoring of Foreign Trade of the Islamic Republic of Iran, the department of development of economic and trade relations with Turkmenistan has been opened in the administration of Sarakhs Special Economic Zone for development of trade and economic relations with Turkmenistan especially in the cooperation Iran and Turkmenistan have agreed to launch a joint trade council within the next three months. Iran Focus: Tehran, Iran, Dec. Speaking on the sidelines of the mentioned event, Bazrpash said the trade between Iran and Turkmenistan is expected to reach $1. Merv is dry and hot in summer and cold in winter. 65 billion to Turkmenistan to settle its energy arrears to the Central Asian country. Despite the fact that gas trade between Turkmenistan and Iran has been mutually beneficial, it is expected to considerably decrease within a few months. 20. Gholam Abbas Arbab-Khales told IRNA in the opening ceremony of Bajgiran border market on Monday that Iran's active economy diplomacy has caused the surge in trade with Turkmenistan. Prepared by Dr. cooperation bilateral relations Turkmenistan. Figures show that Iran-Turkmenistan trade grew by 84 percent in 2021. Most of its exports go to A first working meeting between India, Iran and Uzbekistan in mid-December 2020 once again underlined the commitment of all parties. The Tajan-Mashhad-Sarakhs railroad, the $139 million Korpeje-Kurt Kui gas pipeline in western Turkmenistan and the $167 million Dousti ('Friendship' in Persian) Dam in the south of the country were built through a joint venture. Balkanabad-Aliabad power transfer line and seve Iran’s Minister of Roads and Urban Development Mehrdad Bazrpash and Turkmenistan's Minister of Foreign Affairs Rashid Meredow signed two cooperation documents, worth about $1 billion, at a meeting in Ashgabat, Turkmenistan and Iran have firm stances against Sunni Islamists and ISIS. Since the country's policies then oscillated between the two opposing tendencies of Iran and Turkmenistan have decided to raise their annual trade to $60 billion over the next decade, President Hassan Rouhani says. Iran has attempted to join the World Trade Organization over 20 times in the last two decades. This railway line was constructed in 2009, marking a period when the foundations of modern trade cooperation between Iran and Turkmenistan were firmly established. In 2016, this figure was only 565,000 tons. 2023 3376. government ASHGABAT, Turkmenistan, August 26. 4 million tons of products worth $450 million in the last year (March 21, 2023, to March 20, 2024). For December 2023 data, the exchange rate from December 30, 2023 is used. 24 Discussions remain underway for Iran’s energy trade with Kyrgyzstan, with the two main options being the Uzbekistan-Turkmenistan route or a Tajikistan-Afghanistan route. In 2009, Iran was Turkmenistan’s second largest trade partner. Photo-textured 3D laser scan image of Gäwürgala town walls. On October 14, Uzbekistan’s Ministry of Transport held talks via videoconference with the transport ministers from Kazakhstan, Turkey, Turkmenistan, and Iran regarding plans to develop new regional transit TEHRAN (Tasnim) – Iran’s minister of roads and urban development emphasized that Iran and Turkmenistan are important players in the international north-south and east-west transport corridors. However, the economic diplomacy in the foreign policy, which the new Iranian government follows, led to reaching agreement on solving the gas dispute. “The trade turnover between the two countries in the last ten months was $312 million, of which $305 million worth of [Iran's] exports, and seven million dollars were imported from the neighboring country,” Iran's economic attaché to Turkmenistan, Rahmatollah Khormali, told the Islamic Republic News Agency on January 26. With the aim of elevating railway flow along the Kazakhstan-Turkmenistan-Iran route, the National Leader of Turkmen The volume of trade turnover on the railway reached 272,960 tons in the first quarter of 2020. TEHRAN – Representatives of the private sectors of Iran and Turkmenistan have stressed the need for developing transportation and transit infrastructure at common borers as the prerequisite for the expansion of trade ties. The country does not hold membership in the World Trade Organization (WTO), and nor has it applied for accession. Due to financial dispute over selling and buying gas, Iran and Turkmenistan have not had significant trade exchange during the past decades. 2023-02-06 00:04:37 | NewsID: 405454. He met Iran's Foreign Minister Hossein Amir-Abdollahian on Tuesday morning. An important step in this direction was the two-day working visit to Iran of the National Leader of the Turkmen people, Chairman of the Halk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov on May 30 of the current year. Iran Materials 21 January 2025 15:28 Trade turnover between Uzbekistan, Iran decreases in 2024. Twenty-five years ago, with great fanfare, Russia and Iran signed an agreement to open a north-south intermodal transportation corridor between Russia in the north and the Indian Ocean in the Turkmenistan - Trade, Gas, Carpets: In the 2010s Turkmenistan’s principal trading partners included China, Turkey, Russia, and the United Arab Emirates. The 17th meeting of the Intergovernmental Turkmen-Iranian Commission on Economic Cooperation concluded with the signing of three significant documents, further solidifying the multifaceted partnership between Turkmenistan and Iran. Meanwhile, Bandar Abbas, which manages 85% of Iran’s seaborne trade, faces congestion issues that Chabahar’s development aims to alleviate. Ashgabat to Host 17th Iran-Turkmenistan Joint Economic Commission Meeting . 9 Billion in Nine Months . The event was attended by senior officials including Mahmoud Bazari, director-general of TPO’s Export Coordination Office, Akbar Back in June 2020, Iran had also opened a key bridge connecting cities on the two sides of the Sarakhs border with Turkmenistan amid efforts to expand trade with countries in the Central Asia region. 27 – Turkmenistan’s acting Foreign Minister said that trade between Iran and Turkmenistan reached $2. At the meeting in Tehran on Wednesday, Ayatollah Khamenei emphasized the importance of expanding bilateral relations between Iran and Turkmenistan based on mutual interests. Afghanistan is a further Iran exported non-oil commodities valued at $251. [1] The Turkmen capital Ashgabat is only 15 miles north of this boundary, and Mashhad (Iran's second largest city) is 47 miles south of it. Turkmenistan also has free trade agreements (FTAs) with Armenia and Georgia. In November 2021, Iran, Turkmenistan, as well as Azerbaijan signed a natural gas swap agreement under which Iran annually delivers 1. Notably, the main areas of cooperation Merchandise Trade statistics data for Turkmenistan (TKM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Minister vows Turkmenistan has significant commercial relationships with Russia and Iran and growing cross-border trade with Afghanistan. Roughly half of Turkmenistan’s natural gas production is used domestically and the remainder is exported, mainly to China. Efforts have also focused on expanding and improving transportation routes to boost regional connectivity. He expressed hope that the new Iranian government led by President Masoud Pezeshkian, who was present at the meeting, would enhance efforts to strengthen ties The gas trade between Iran and Turkmenistan experienced an abrupt hiatus two years ago, stemming from Iran's significant debt to Ashgabat, which had arisen from long-term bilateral gas agreements. Over the past 5 years the exports of Iran to After meeting with Batyr Amanov, the chairman of the Türkmengaz State Concern, Iran’s Oil Minister Javad Oji said that Iran will soon sign a contract with Turkmenistan to import natural gas from the neighboring Emphasizing that work is underway to increase the volumes of gas supply to Iran up to 40 billion cubic meters per year, Chairman of the Halk Maslahaty Turkmenistan As a result of their discussions, Iran and Turkmenistan agreed to convene expert-level meetings within the next month to further solidify their customs cooperation and bolster And Iran, via Turkmenistan, is one the alternatives. 52 Million during 2022, according to the United Nations COMTRADE database on international trade. Iran and Turkmenistan will set up a major trade center that can facilitate ties between businesses in the two countries amid efforts to deepen economic relations between the two neighbors. Turkmenistan. Feb. Turkmenistan: Just passing through Turkmenistan is difficult to access, but it is a strategic location. The governor of Iran's Golestan province, Ali Mohammad Zanganeh, has announced plans to establish a joint free trade zone (FTZ) with Turkmenistan, a move He announced Turkmenistan’s readiness to cooperate with Iran in energy, transport, transit, water, and trade. 7-Point Plan for Iran-Turkmenistan Trade More than a century has passed since oil was discovered in Iran, but Iran’s petroleum industry depended on foreign companies for its basic needs until recently. az) Azerbaijan and Iran have agreed to a deal to swap natural gas along with Iran and Turkmenistan on Tuesday signed five accords aimed at strengthening their mutual cooperation across several sectors, according to Iran’s official Islamic Republic News Agency. Turkmenistan is located in a strategically important region, bordering Afghanistan, Iran, Uzbekistan and Kazakhstan. Share News. The main products that Iran exported to Turkmenistan were N/A. political, economic, scientific, and cultural sectors. Minister of Cooperatives, Labor, and Social Welfare Solat Mortazavi said that the trade exchanges between Iran and Turkmenistan have increased significantly over the last year. 134 million to Turkmenistan during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of the International Relations and Bilateral trade between Iran and Turkmenistan is expected to reach $600 million by the end of 2023. 97 million with Turkmenistan during the first five months of the current Noting that Iran-Turkmenistan trade volume stands at $450 million, he said that bilateral exchanges between the two neighboring countries are not favorable considering the two countries’ potentials. ylzrf hosao ldvy pqyond jmfyf ixuz xtrt ktz nsp dnkk