UAE’s fresh foreign trade tactics to grow Iran’s role in area
Date
9/11/2022 2:56:54 AM
(MENAFN) The Research Center of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has mentioned in a report that the United Arab Emirates' fresh tactics for signing free exchange deals with India and Turkey will additionally grow the Islamic Republic’s mediatory role in the area.
As one of Iran’s highest exchange associates in the area, UAE has always been a hot market for Iranian entrepreneurs as well as traders and the growth of this nation’s financial ties with Iran’s neighbors might have an optimistic effect on Iranian trade with them as well, the ICCIMA portal mentioned in a report.
According to the stated report, the UAE has lately concentrated on establishing free trade deals with a range of nations such as India, Britain, Turkey, South Korea, Ethiopia, Indonesia, as well as Kenya.
Moreover, this nation is a member of a big set of trade-associated international organizations and treaties the most vital of which are the World Trade Organization, the Persian Gulf Cooperation Council, the GCC-EFTA Free Trade deal, as well as the Pan-Arab Free Trade Area.
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