Iran exports to Qatar increase fivefold
The latest statistics published by the customs office in Iran indicate that exports from this country to Qatar show a significant growth as compared to a similar period last year.
Iran seeking alternative trade hub to Dubai
Following new tensions between Iran and the UAE, Tehran is seeking to downgrade Dubai as its regional trading hub and replace it with Qatar and Oman. The Financial Tribune writes that Iran’s recent decision has been taken following new pressures and restrictions by UAE and Dubai officials imposed on Iranian businessmen by ratifying new VAT laws, restricting visas, and limiting banking facilities.
Significant growth of Iran exports to Turkey
Statistics show a 68.5% increase in Iran’s exports to Turkey during the first 11 months of 2017. Iran’s trade representative in Turkey announced: “Exports from Iran to Turkey over the first 11 months of 2017 reached the figure of USD 7BN and 17MM, a growth of 68.5% including oil and gas.”