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Iran Turkmenistan

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.

Trade

Iran reaffirms readiness to increase oil, gas cooperation with Turkmenistan

Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari on Tuesday voiced Tehran’s readiness to boost cooperation with Turkmenistan in the oil and gas sector.

Energy

Iran triples electricity imports to help offset power shortage

Iran Power Generation, Distribution and Transmission Company (Tavanir) is importing at least 700 megawatts of electricity per day from neighboring states, including Turkmenistan, Azerbaijan and Armenia, to meet the growing electricity demand.

Energy

Iran, Kazakhstan launch KTI rail transit corridor

Iran and Kazakhstan have officially launched a rail transit link that will boost cargo transportation between Asia and Europe.

Transportation

Iran, Turkmenistan resolved to sign 20-year cooperation deal: President Raeisi

President of Iran Ebrahim Raeisi said Tehran and Ashgabat are determined to sign a strategic document on cooperation for 20 years.

Trade

Turkmenistan allows transit passage of trucks from Iran to Uzbekistan via its territory

Iranian Foreign Ministry has announced that the follow up of the ministry led to Turkmenistan’s permission for transit trucks to pass through the country to go from Iran to Uzbekistan.

Transportation

Iran, Turkmenistan to set up joint trade center

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.

Trade

Turkmenistan’s gas swap to Azerbaijan through Iran to be doubled soon

Iranian Oil Minister Javad Owji says the country has reached agreements with Turkmenistan and Azerbaijan to double the amount of natural gas exchanged between the three as part of a deal reached in November.

Energy

Railway transit can bring about billions of dollars of revenues for Iran, Turkmenistan: Minister

Iranian Minister of Road and Urban Development Rostam Qassemi says that railway transit can bring about billions of dollars of revenues for Iran and Turkmenistan.

Transportation

Iran begins swapping Turkmenistan’s gas to Azerbaijan

The agreement between Iran, Azerbaijan and Turkmenistan on a natural gas swap deal for up to two billion cubic meters of Turkmen gas has taken effect as of January 1, 2022, ILNA reported.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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