Iran has achieved a 35 percent increase in agricultural exports, making it the second fastest growing sector after oil. Non-oil exports have reached USD 48 billion, marking an 18 percent increase. Iran is also enhancing ties with Brazil, focusing on trade and banking cooperation.
Iran has reported a remarkable 35 percent increase in its agricultural exports, according to the Minister of Agriculture. This agricultural sector is now the second-fastest growing sector in Iran, following the oil industry, and is significantly contributing to the nation’s robust economic growth.
Furthermore, Mohammad Ali Dehqan Dehnavi, the Deputy Minister of Industry, Mine, and Trade, announced that non-oil export revenues have reached USD 48 billion for the current Iranian year, which ends on March 20, 2025. This figure represents an 18 percent increase compared to the same timeframe last year.
In addition to these advancements, Iran is solidifying its economic alliances, particularly with Brazil. Pars Today, in collaboration with TV BRICS, reported that an agreement was reached between Iran’s Deputy Governor of the Central Bank and Brazil’s Deputy Finance Minister to enhance banking cooperation and utilize their national currencies for bilateral trade. Both parties acknowledged the considerable potential for developing financial and trade interactions within the BRICS framework.
In summary, Iran is experiencing significant growth in agricultural exports and overall economic performance, showcasing a 35 percent increase in agricultural exports. The country is also witnessing a rise in non-oil export revenues, contributing to its economic landscape. Furthermore, enhanced economic partnerships, particularly with Brazil, signify a strategic move to strengthen its international trade relations.
Original Source: tvbrics.com
