Iran’s trade with Turkmenistan set to double this year

Iran’s trade with Turkmenistan during the first half of 2022 has already surpassed the entirety of bilateral trade last year.

31 August 2022
ID : 34011
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Iran’s trade with Turkmenistan during the first half of 2022 has already surpassed the entirety of bilateral trade last year.

Lotfabad crossing at Iran-Turkmenistan border.

Iran’s trade with Turkmenistan during the first half of 2022 has already surpassed the entirety of bilateral trade last year.

Iranian Ambassador to Turkmenistan Gholam Abbas Arbab Khales told IRNA news agency on Monday that trade between the two countries during the first six months of 2022 amounted to $233 million.

This is while bilateral trade between Iran and Turkmenistan during the entire 2021 amounted to $227 million.

Arbab khales said that the boom in Iran’s trade with Turkmenistan is taking place in line with President Ebrahim Raeisi’s foreign policy of reaching out to the neighboring countries.

He also noted that Turkmenistan’s President Serdar Berdimuhamedow picked Iran as the destination for his second foreign visit following Russia after being elected to the post which is a significant signal of his attention to expansion of ties with Tehran. 

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